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Question
An investment project has an initial cost, and then generates inflows of $50 a year for the next five years. The project has a payback period of 3.6 years. What is the project's internal rate of return?
a. 11.18%
b. 12.05%
c. 13.47%
d. 14.66%
e. 15.89%
Answer
This answer is hidden. It contains 1 characters.
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