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PowerRus Company is considering a project that calls for an initial cash outlay of $50,000. The expected net cash inflows from the project are $6,000
PowerRus Company is considering a project that calls for an initial cash outlay of $50,000. The expected net cash inflows from the project are $6,000 every two years in perpetuity. What is the IRR of the project?
A) 5.83%
B) 6.00%
C) 8.33%
D) 12%
E) None of the above
(answer = A)
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