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Question 17 3 pts 17. The capital budgeting director of Sparrow Corporation is evaluating a project that costs $200,000, is expected to last for 10

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Question 17 3 pts 17. The capital budgeting director of Sparrow Corporation is evaluating a project that costs $200,000, is expected to last for 10 years and produces after-tax cash flows, including depreciation, of $38,503 per year. If the firm's required rate of return is 14 percent, what is the project's IRR? c. 18 percent e. 12 percent a. 8 percent b. 14 percent d. -5 percent

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