Question: Lithium, Inc. is considering projects A. Project A costs $95,000 and is expected to generate $65,000 in year one and $75,000 in year two. Lithium,

Lithium, Inc. is considering projects A. Project A costs $95,000 and is expected to generate $65,000 in year one and $75,000 in year two. Lithium, Inc.'s required rate of return for these projects is 10%. The internal rate of return for Project A is

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