If a Project's IRR Is 13 Percent and the Project

question 42

Multiple Choice

If a Project's IRR is 13 percent and the project provides annual cash flows of $15,000 for four years, how much did the project cost?

• A)$44,617
• B)$52,200
• C)$60,000
• D)$72,747

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Definitions:

Campus Organizations

Clubs or groups formed within a college or university environment to facilitate social, educational, professional, or recreational activities among members.

Study Together

The act of two or more individuals learning or reviewing subject matter in collaboration.

Residential Adviser

A student leader who provides supervision, support, and guidance to residents in a college or university housing facility.

Polite Manner

Conducting oneself with respect toward others and observing social etiquette.