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Tressor Company is considering a 5-year project. The company plans to invest $90,000 now and it forecasts cash flows for each year of company $27,000.

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Tressor Company is considering a 5-year project. The company plans to invest $90,000 now and it forecasts cash flows for each year of company $27,000. The company investments yield discount rate of at least 14%. Selected factors requires annuity of 1 for five years are shown below: Calculate the internal rate of return to determine whether it should accept this project. A) The project should be rejected because it will earn less than 14%. B) The project will earn more than 12% but less than 14%. At a hurdle rate of 4%. the project should be rejected. C) The project should be rejected because it will not earn exactly 14%. D) The project should be accepted because it will earn more than 14%. E) The project should be accepted because it will earn more than 10%

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