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You are considering an investment in a clothes distributer. The company needs $104,000 today and expects to repay you $120,000 in a year from
You are considering an investment in a clothes distributer. The company needs $104,000 today and expects to repay you $120,000 in a year from now. What is the IRR of this investment opportunity? Given the riskiness of the investment opportunity, your cost of capital is 11%. What does the IRR rule say about whether you should invest? What is the IRR of this investment opportunity? The IRR of this investment opportunity is %. (Round to two decimal places.) Given the riskiness of the investment opportunity, your cost of capital is 11%. What does the IRR rule say about whether you should invest? The IRR rule says that you (Select from the drop-down menu) should not invest should be indifferent should invest
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