Multiple Choice
What is the internal rate of return for a project that has a net investment of $150,000 and net cash flows of $40,000 for 5 years?
A) between 10% and 11%
B) between 9% and 10%
C) between 11% and 12%
D) between 12% and 13%
Correct Answer:
Verified
Correct Answer:
Verified
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