You Require an IRR of 14% to Accept a Project

question 59

Multiple Choice

You require an IRR of 14% to accept a project. If the project will yield $10,000 per year for 10 years, what is the maximum amount that you would be willing to invest in the project?

• A)Less than $50,000
• B)More than $50,000 and less than $60,000
• C)More than $60,000 and less than $70,000
• D)More than $70,000

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Definitions:

Communist Bureaucrats

Officials in a government or party advocating for communism, often seen as having inefficient or complex procedures.

Business Decisions

Choices made by companies based on analysis and strategic considerations to achieve specific objectives.

Capitalist Economy

An economic system where private individuals rather than the state own and control property and businesses.

Centrally Planned Economy

An economic system where the government or central authority makes all decisions regarding the production and distribution of goods and services, often found in socialist or communist countries.