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The future cash flows of a stand-alone capital project are as follows: Year 0 1 2 3 Cash flow ($20,000) ($10,000) $15,000 $27,300 The internal
The future cash flows of a stand-alone capital project are as follows:
Year 0 1 2 3 Cash flow ($20,000) ($10,000) $15,000 $27,300
The internal rate of return for this project is approximately: a. 55% b. 12% c. 14% d. 16%
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