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You are considering an investment for which you require a rate of return of 8.5 percent. The investment costs $67,400 and will produce cash inflows
You are considering an investment for which you require a rate of return of 8.5 percent. The investment costs $67,400 and will produce cash inflows of $25,720 for three years. Should you accept this project based on its internal rate of return? Why or why not? Seleccione una: O A. No; because the IRR is 7.08 percent O B. Yes; because the IRR is 6.67 percent O C. Yes; because the IRR is 9.51 percent O D. No'; because the IRR is 9.51 percent O E. Yes; because the IRR is 7.08 percent
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