Question: The net present value of a project, using a 16% discount factor, is 10,000 negative and, using a 21% discount factor, is 40,000 negative. Identify
The net present value of a project, using a 16% discount factor, is 10,000 negative and, using a 21% discount factor, is 40,000 negative. Identify the approximate internal rate of return for the project.
A.
14.3%
B.
13.2%
C.
17.7%
D.
19.3%
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