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You Have Made an Investment of $250 That Will Yield

Question 25

Multiple Choice

You have made an investment of $250 that will yield a profit of $30 in one year.If the interest rate is 11.5% is this a good investment?


A) Yes, because the internal rate of return is greater than the interest rate
B) Yes, because the interest rate is greater than the internal rate of return
C) No, because the internal rate of return is greater than the interest rate
D) No, because the interest rate is greater than the internal rate of return

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