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Nyack Company is considering a project that is expected to provide cash inflows of $20,000...

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Accounting

Nyack Company is considering a project that is expected to provide cash inflows of $20,000 a year for the next 8 years. The investment will cost a total of $100,000. The project's expected internal rate of return is closest to A. 12% B. 8% C. 14% D. 5%

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