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Thom Corporation is considering an itmostment opportunity with the following expected not cash inflows: Year 1, 5260,000 ; Year 2, $340,000, Year 3, 5390,000, The

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Thom Corporation is considering an itmostment opportunity with the following expected not cash inflows: Year 1, 5260,000 ; Year 2, $340,000, Year 3, 5390,000, The campany uses a discount rate of 11%. and the initial cost of the imvestment is 5770,000 . The IRR of the propect will be: A. between 12% and 13% B. between 11% ane 12% c. lese than 11% D. more than 11%

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