Lawrence Corp

question 52

Multiple Choice

Lawrence Corp.is considering the purchase of a new piece of equipment.When discounted at a hurdle rate of 8%,the project has a net present value of $24,580.When discounted at a hurdle rate of 10%,the project has a net present value of ($28,940) .The internal rate of return of the project is:

• A)zero.
• B)between zero and 8%.
• C)between 8% and 10%.
• D)greater than 10%.

---

Definitions:

Intrathecal

Pertaining to an injection into the space under the arachnoid membrane of the brain or spinal cord.

Intramuscular

Related to the administration of medication directly into the muscle tissue through injection.

Inhalation

The act of breathing in; drawing air or other substances into the lungs.

Subcutaneous

Refers to being located or existing under the skin.