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What Is the Internal Rate of Return on an Investment

Question 12

Multiple Choice

What is the internal rate of return on an investment that has an initial cost of $38,400 and projected cash inflows of $11,200,$19,600,and $18,100 for Years 1 to 3,respectively?


A) 11.86%
B) 12.37%
C) 11.08%
D) 13.92%
E) 12.15%

Correct Answer:

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