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    Fundamentals of Corporate Finance Study Set 7
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    Exam 8: Net Present Value and Other Investment Criteria
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    If a Project Costs $72,000 and Returns $18,500 Per Year
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If a Project Costs $72,000 and Returns $18,500 Per Year

Question 55

Question 55

Multiple Choice

If a project costs $72,000 and returns $18,500 per year for 5 years,what is its IRR?


A) 8.98%
B) 7.39%
C) 8.50%
D) 7.67%

Correct Answer:

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