Use the Following Table, a Company Has a Minimum

question 98

Multiple Choice

Use the following table, A company has a minimum required rate of return of 8%. It is considering investing in a project that costs $379,650 and is expected to generate cash inflows of $150,000 each year for three years. The approximate internal rate of return on this project is

• A) 8%.
• B) 9%.
• C) 10%.
• D) The IRR on this project cannot be approximated.

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Definitions:

Thalamus

A major part of the vertebrate brain, serving as a principal hub for relaying sensory information to the cerebral cortex.

Relay Information

The process of transferring data, messages, or signals from one person, device, or group to another.

Coordinate Muscle

Involves the smooth operation and control of muscle movements to perform tasks accurately and efficiently.

Visual And Auditory

Pertaining to both sight and hearing senses, often in the context of learning and perception.