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What is the minimum expected rate of return on a project that requires an investment of $119 today and generates cash inflows of $5, $14
What is the minimum expected rate of return on a project that requires an investment of $119 today and generates cash inflows of $5, $14 and $136 in each of the next 3 years?
a.4.55% b.4.87% c.8.77% d.9.77% e.11.04%
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