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Using the Tables Above,what Would Be the Internal Rate of Return

Question 120

Multiple Choice

Using the tables above,what would be the internal rate of return of an investment that required an investment of $227,460 and would generate an annual cash inflow of $60,000 for the next 5 years?


A) 6%
B) 10%
C) 12%
D) cannot be determined from the data given

Correct Answer:

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