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Question 9 3.9 pts A company has a minimum required rate of return of 10%. It is considering investing in a project that costs
Question 9 3.9 pts A company has a minimum required rate of return of 10%. It is considering investing in a project that costs $91,116 and is expected to generate cash inflows of $38,600 each year for three years. The approximate internal rate of return on this project is 12% 10%. 13%. 8%
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Financial and Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
12th edition
978-1133952428, 1285078578, 1133952429, 978-1285078571
