A company has a minimum required rate of return of 8 and is, Ask an Expert

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A company has a minimum required rate of return of 8% and is considereing investing in a project that costs $68,337 and is expected to generate cash inflows of $27,000 each year for three years. The approximate internal rate of return on this project is ?

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Accounting Basics, Accounting

Category:- Accounting Basics
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