A project has a total up-front cost of $435.44. The cash flows are $100 in...
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Finance
A project has a total up-front cost of $435.44. The cash flows are $100 in the first year, $200 in the second year, and $300 in the third year. Whats the IRR? Choose the one closest to your calculated result.
Group of answer choices
6%
10%
14%
18%
25%
If we require an 8 percent return, should we take this investment?
Group of answer choices
YES
NO
It depends
Answer & Explanation
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