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Determine the rate of return for a project thas has an initial cost of $82,000 and would provide positive cash flows of $12,000 the first
Determine the rate of return for a project thas has an initial cost of $82,000 and would provide positive cash flows of $12,000 the first year, $14,000 the second year, $16,000 the third year, $18,000 the fourth year, $20,000 the fifth year, and $15,000 the sixth year.
A.) 4.12% B.) 2.78% C.) 4.95% D.) 4.49%
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