The Dry Dock Is Considering a Project with an Initial

question 49

Multiple Choice

The Dry Dock is considering a project with an initial cost of $107,400 and cash inflows for Years 1 to 3 of $37,200, $54,600, and $46,900, respectively. What is the IRR?

• A) 12.62 percent
• B) 13.41 percent
• C) 14.48 percent
• D) 13.22 percent
• E) 14.56 percent

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Definitions:

Upward Communication

The process of information flow from the lower levels of a hierarchy to the higher levels within an organization.

Nonthreatening Climate

An environment where individuals feel safe and are encouraged to express their ideas and concerns without fear of negative consequences.

Role Expectations

Refer to the anticipated behaviors and responsibilities assigned to an individual in a particular position within a social, professional, or familial setting.

Cultural Barriers

Obstacles or challenges in communication, understanding, and social interaction arising from differences in cultural backgrounds and practices.