Question
Peri Corporation is considering an investment opportunity with the following expected net cash inflows: Year 1, $260,000; Year 2, $340,000; Year 3, $390,000. The company
Peri Corporation is considering an investment opportunity with the following expected net cash inflows: Year 1, $260,000; Year 2, $340,000; Year 3, $390,000. The company uses a discount rate of 11%, and the initial cost of the investment is $770,000.
The IRR of the project will be ________.
| a | between 11% and 12% |
| b | between 12% and 13% |
| c | more than 13% |
| d | less than 11% |
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IIA Certified Internal Auditor Part 3 Business Analysis And Information Technology Questions And Dumps Exam Prep Questions For IIA CIA Latest Version
Authors: Certify Mart
1st Edition
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