Multiple Choice
A project produces the following cash flows over the next five years: $600, $200, $350, $400 and $500, respectively. The initial cost of the project is $1,400. What is the internal rate of return on this
Project?
A) - 4.56%
B) 3.67%
C) 12.87%
D) 14.39%
E) The rate cannot be computed with certainty.
Correct Answer:
Verified
Correct Answer:
Verified
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