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You invest now $60,000 in a project with 18percent of a required return. The cash flows will be $125,000 in the first year, $100,000 in
You invest now $60,000 in a project with 18percent of a required return. The cash flows will be $125,000 in the first year, $100,000 in the second year, and $50,000 in the third year. What is the MORR if the combination approach is used? (Without using Excel)
a. 19.34% b. 25.39% c. 14.19% d. 23.41% e. 21.12%
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