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You Have Made an Investment of $250 That Will Yield

Question 36

Multiple Choice

You have made an investment of $250 that will yield a profit of $30 in one year.If the interest rate is 11.5% is this a good investment.


A) Yes, because the internal rate of return is greater than the interest rate
B) Yes, because the internal rate of return is less than the interest rate
C) No, because the internal rate of return is greater than the interest rate
D) No, because the internal rate of return is less than the interest rate

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