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A 50- Year Project Has a Cost of $500,000 and Has

Question 285

Multiple Choice

A 50- year project has a cost of $500,000 and has annual cash flows of $100,000 in years 1-25, and $200,000 in years 26-50. The company's required rate is 8%. Given this information, calculate the IRR of the project.


A) 19.19%
B) 20.20%
C) 21.21%
D) 22.22%
E) 23.23%

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