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Question 31 3 Points Project X involves an initial outlay of 96,000 and yields 200,000 in 3 years' time. Use the IRR method to decide

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Question 31 3 Points Project X involves an initial outlay of 96,000 and yields 200,000 in 3 years' time. Use the IRR method to decide whether this investment is worthwhile if the prevailing market rate is 15% compounded annually. A The project will yield the same rate of return as the market B) The project is not recommended C The project is recommended D) Cannot be determined from data provided

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