Question: QUESTION 10 XYZ is evaluating a project that would require an initial investment of $137,000 today. The project is expected to produce annual cash flows

 QUESTION 10 XYZ is evaluating a project that would require an

QUESTION 10 XYZ is evaluating a project that would require an initial investment of $137,000 today. The project is expected to produce annual cash flows of $14.200 each year forever with the first annual cash flow expected in 1 year. The NPV of the project is 516.500. What is the IRR of the project? 10.36% (plus or minus 0.02 percentage points) 9.25" (plus or minus 0.02 percentage points) 11.78% (plus or minus 0.02 percentage points) 12.049 (plus or minus 0.02 percentage points) None of the above is within 0.02 percentage points of the correct

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