Multiple Choice
Investment A requires a net investment of $604,021 The required rate of return is 12% for the three-year annuity. What are the annual cash inflows if the net present value equals 0? (rounded)
A) $2,416,084
B) $251,466
C) $604,016
D) -$1,812,063
Correct Answer:
Verified
Correct Answer:
Verified
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