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Tyrell Corporation is considering a project with the following cash flows (in millions of dollars): Year Cash Flow 0 ? 1 $0.5 2 $1.5 $2.5
Tyrell Corporation is considering a project with the following cash flows (in millions of dollars): Year Cash Flow 0 ? 1 $0.5 2 $1.5 $2.5 3 4 $3.5 The project has a simple payback period of exactly three years. The project's cost of capital is 14 percent. What is the project's internal rate of return? Greater than 30% Between 20 and 30% Less than 10% Between 10 and 20% Cannot be determined with this information
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