Question: If a project's IRR is 13 percent and the project provides annual cash flows of $15,000 for four years, how much did the project cost?
If a project's IRR is 13 percent and the project provides annual cash flows of $15,000 for four years, how much did the project cost? (Hint: use 4 decimal places for your calculations.) A. $50,596.25 B. $44,619.00 C. $45,398.22 D. $43.159.37 E. none of the above
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