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Question
A new computer system is expected to cost $40 million and generate annual savings of $12 million over the next five years.
What is the IRR for this investment?
A. 11.18 percent.
B. 12.98 percent.
C. 15.24 percent.
D. 12.00 percent.
E. 18.00 percent.
Answer
This answer is hidden. It contains 10 characters.
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