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You are considering an investment for which you require a 12% return. The investment costs $3,400 and will produce cash inflows of $900 each year

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You are considering an investment for which you require a 12% return. The investment costs $3,400 and will produce cash inflows of $900 each year for 5 years. Should you accept this project based on IRR? 1) Yes; because the IRR is 13.67% 2) Yes; because the IRR is 9.65% 3) No; because the IRR is 10.13% 4) No; because the IRR is 9.65% 5) Yes; because the IRR is 10.13%

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