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    Exam 8: Net Present Value and Other Investment Criteria
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    What Is the Approximate IRR for a Project That Costs
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What Is the Approximate IRR for a Project That Costs

Question 49

Question 49

Multiple Choice

What is the approximate IRR for a project that costs $100,000 and provides cash inflows of $30,000 for 6 years?


A) 19.9%
B) 30.0%
C) 32.3%
D) 80.0%

Correct Answer:

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