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Which of the Following Statements Is Most Likely Correct for a Project

Question 114

Multiple Choice

Which of the following statements is most likely correct for a project costing $50,000 and returning $14,000 per year for 5 years?


A) NPV = $3,071.01.
B) NPV = $20,000.
C) IRR = 2.8%.
D) IRR is greater than 10%.

Correct Answer:

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