Question: Cooper Industries is considering a project that would require an initial investment of P235,000. The project would result in cost savings of P70,110 annually for
Cooper Industries is considering a project that would require an initial investment of P235,000. The project would result in cost savings of P70,110 annually for the next five years. The internal rate of return is:
Group of answer choices
15%
11%
18%
13%
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