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please write the word clearly thank you 12. Which of the following statements is true for a project with a $20,000 initial cost, cash inflows
please write the word clearly thank you
12. Which of the following statements is true for a project with a $20,000 initial cost, cash inflows of $6,667 per year for 6 years, and a discount rate of 15% ? A) Its payback period is 3 years. B) Its NPV is $2,094. C) Its IRR is 17.85%. D) Its profitability index is 0.104Step by Step Solution
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