Question: Current Attempt in Progress A company has a minimum required rate of return of 8%. is considering investing in a project that costs $69636 and

 Current Attempt in Progress A company has a minimum required rate

Current Attempt in Progress A company has a minimum required rate of return of 8%. is considering investing in a project that costs $69636 and is expected to generate cash inflows of $28000 each year for three years. The approximate internal rate of return on this project is 8%. less than the required 8%. 11%. 10%

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