B company has a minimum required rate of return of 8 it is, Ask an Expert

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B Company has a minimum required rate of return of 8%. It is considering investing in a project that costs $68,337 and is expected to generate cash inflows of $27,000 each year for 3 years. The approximate internal rate of return on the project is what amount?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9963641

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