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pls explain like its a written exam Question 6.5 (10pts) Consider the financial data for a project given in the following table: Initial investment $100,000
pls explain like its a written exam
Question 6.5 (10pts) Consider the financial data for a project given in the following table: Initial investment $100,000 Project life 5 years Annual revenue $32,000 Annual expenses $6,000 What is i* for this project? (If you use a computational tool such as Excel please make sure that your reasoning is clearly stated on your solution file) A) 7.20% B) 9.43% C) 16.74% D) Answers A, B and C are not correctStep by Step Solution
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