Which of the Following Statements Is Most Likely Correct for a Project

question 105

Multiple Choice

Which of the following statements is most likely correct for a project costing $50,000 and returning $14,000 per year for five years?

• A)NPV = $3,071.01
• B)NPV = $20,000
• C)IRR = 2.8 percent
• D)IRR is greater than 10 percent

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