In Using the Internal Rate of Return Method, the Internal

question 97

Multiple Choice

In using the internal rate of return method, the internal rate of return factor was 4.0 and the equal annual cash inflows were $18,000. The initial investment in the project must have been

• A) $18,000.
• B) $4,500.
• C) $72,000.
• D) $36,000.

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