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You are considering investing in a start up project at a cost of $280,000. You expect the project to return $800,000 to you in nine
You are considering investing in a start up project at a cost of $280,000. You expect the project to return $800,000 to you in nine years. Given the risk of this project, your cost of capital is 25%. The IRR for this project is closest to:
12.37% | ||
14.65% | ||
25.00% | ||
11.45% |
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