Multiple Choice
A project that provides annual cash flows of $12,600 for 12 years costs $65,000 today.At what rate would you be indifferent between accepting the project and rejecting it?
A) 15.28 percent
B) 15.40 percent
C) 15.51 percent
D) 16.18 percent
E) 16.74 percent
Correct Answer:
Verified
Correct Answer:
Verified
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