Multiple Choice
Dons Corporation is planning a 15 year project with an initial investment of $2,500,000.The project will have $400,000 cash inflows per year in years 1-5; $200,000 cash inflows in years 6-10, and $40,000 cash inflows in years 11-15.Determine the projects rate of return.
A) 12.67%
B) 9.35%
C) 5.15%
D) 3.67% Using the BAII Plus Calculator:
Correct Answer:

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