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What is the internal rate of return (IRR) of a project that has the following cash flows? The required return is 12.0%. Year Cash Flow
What is the internal rate of return (IRR) of a project that has the following cash flows? The required return is 12.0%.
| Year | Cash Flow |
| 0 | $ (14,000) |
| 1 | $ 3,000 |
| 2 | $ 3,000 |
| 3 | $ 3,000 |
| 4 | $ 3,000 |
| 5 | $ 3,000 |
| 6 | $ 3,000 |
Group of answer choices
None of these are correct.
10.19%
14.55%
12.98%
7.69%
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Smart Supply Chain Finance
Authors: Hua Song
1st Edition
9811659966, 978-9811659966
