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Samsun Company is planning to invest in a new project. The cost of the project will be $30 million and is expected to generate cash flows of $12,200,000, $22,326,000, and $9,084,240 over the next three years. The company's cost of capital is 15 percent. What is the internal rate of return on this project?

15%

18%

20%

22%

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M943431

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