Question: Current Attempt in Progress A company has a minimum required rate of return of 8%. It is considering investing in a project that costs $63275
Current Attempt in Progress A company has a minimum required rate of return of 8%. It is considering investing in a project that costs $63275 and is expected to generate cash inflows of $25000 each year for three years. The approximate internal rate of return on this project is 9%. 10%. less than the required 8% 8%
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