Question: A firm is considering a project with an initial cost of $185,000. The project will produce cash inflows of $21,000 monthly for 21 months. What
A firm is considering a project with an initial cost of $185,000. The project will produce cash inflows of $21,000 monthly for 21 months. What is the annual rate of return on this project? Multiple Choice 9.74% 175.30% 116.87% 97.39% 17.53%
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