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Hotaling Corporation is analyzing a capital expenditure that will involve a cash outlay of $180,810. Estimated cash flows are expected to be 30,000 annually for
Hotaling Corporation is analyzing a capital expenditure that will involve a cash outlay of $180,810. Estimated cash flows are expected to be 30,000 annually for seven years. The internal rate of return for this investment is:
A. | 8% | |
B. | none of these | |
C. | 5% | |
D. | 6% | |
E. | 7% |
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