Question
Present Value of an Annuity of 1Periods8%9%10% 1.926.917.90921.7831.7591.73632.5772.5312.487 A company has a minimum required rate of return of 8%. It is considering investing in a
Present Value of an Annuity of 1Periods8%9%10%1.926.917.90921.7831.7591.73632.5772.5312.487
A company has a minimum required rate of return of 8%. It is considering investing in a project that costs $65116and is expected to generate cash inflows of $26000each year for three years. The approximate internal rate of return on this project is?
less than the required 8%.
9%.
10%.
11%.
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
24th edition
1259916960, 978-1259916960
