Lithium,Inc

question 75

Multiple Choice

Lithium,Inc.is considering two mutually exclusive projects,A and B.Project A costs $95,000 and is expected to generate $65,000 in year one and $75,000 in year two.Project B costs $120,000 and is expected to generate $64,000 in year one,$67,000 in year two,$56,000 in year three,and $45,000 in year four.Lithium,Inc.'s required rate of return for these projects is 10%.The internal rate of return for Project B is

• A) 29.74%.
• B) 30.79%.
• C) 35.27%.
• D) 36.77%.

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Definitions:

Taxonomically

Pertaining to taxonomy, the science of classification, especially in biology for the classification of organisms into a systematic framework such as kingdoms, phyla, and species based on shared characteristics and genetic heritage.

Collarbone (Clavicle)

A bone located horizontally across the front of the shoulder, connecting the arm to the body.

Primates

An order of mammals that includes humans, apes, monkeys, and prosimians, characterized by large brains, forward-facing eyes, and opposable thumbs.

Flexible Movements

Refers to the adaptability and versatility of physical actions or maneuvers, often highlighting the ability to respond to different challenges or environments.