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You are considering an investment for which you require a


You are considering an investment for which you require a 14 percent rate of return. The investment costs $61,900 and will produce cash inflows of $26,000 for three years. Should you accept this project based on its internal rate of return? Why or why not?

  • Yes, because the IRR is 12.51 percent
  • Yes, because the IRR is 13.65 percent
  • Yes, because the IRR is 13.67 percent
  • No, because the IRR is 12.51 percent
  • No, because the IRR is 13.65 percent

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Business Management: You are considering an investment for which you require a
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