Multiple Choice
What is the internal rate of return for a $55,000 investment (−$55,000 in year zero) and cash inflows of $20,000 per year for years 1 through 4?
A) 16.88%
B) −16.88%
C) 45.4%
D) −45.4%
Correct Answer:
Verified
Correct Answer:
Verified
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