Multiple Choice
Use the following information to answer the question(s) below.
Nielson Motors is considering an opportunity that requires an investment of $1,000,000 today and will provide $250,000 one year from now,$450,000 two years from now,and $650,000 three years from now.
-The Internal Rate of return of this project is closest to:
A) 10.2%
B) 12.2%
C) 14.2%
D) 16.2%
Correct Answer:

Verified
Correct Answer:
Verified
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