Question: Use the following table, A company has a minimum required rate of return of 8%. It is considering investing in a project that costs $293596

Use the following table, A company has a minimum required rate of return of 8%. It is considering investing in a project that costs $293596 and is expected to generate cash inflows of $116000 each year for three years. The approximate internal rate of return on this project is the IRR on this project cannot be approximated. 8%. 9\%. 10%

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4. Explain the strengths and weaknesses of each approach.

d. Describe any challenges in trying to communicate. If there were no challenges, explain why you think it was so easy.

3. Identify the methods used within each of the three approaches.