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An Investment Cost $10,000 with Expected Cash Flows of $3,000

Question 22

Multiple Choice

An investment cost $10,000 with expected cash flows of $3,000 a year for 5 years.At what discount rate will the project's IRR equal its discount rate?


A) 15.24 percent
B) 27.22 percent
C) 0 percent
D) 16.67 percent
E) 21.08 percent

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