Decode Genetics Purchased Lab Equipment for $600,000 That Will Generate

question 34

Multiple Choice

Decode Genetics purchased lab equipment for $600,000 that will generate net cash flows of $130,000 per year for 10 years. What is the IRR for this project?

• A) 16.76%
• B) 17.26%
• C) 18.13%
• D) 17.76%

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