Question: A project that is expected to generate annual cash flows of $20,000 for 13 years. The project requires an initial investment of $199,377.95. The cost
A project that is expected to generate annual cash flows of $20,000 for 13 years. The project requires an initial investment of $199,377.95. The cost of capital is 7.81%. What is the IRR of the project? O 11.31% O 11.76% 10.86% 0 12.33% Next 10,41%
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