Multiple Choice
Which of the following statements is most likely correct for a project costing $50,000 and returning $14,000 per year for five years?
A) NPV = $3,071.01
B) NPV = $20,000
C) IRR = 2.8 percent
D) IRR is greater than 10 percent $50,000 = $14,000
Correct Answer:
Verified
Correct Answer:
Verified
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