What Is the Approximate IRR for a Project That Costs

question 109

Multiple Choice

What is the approximate IRR for a project that costs $100,000 and provides cash inflows of $30,000 for six years?

• A)19.9 percent
• B)30.0 percent
• C)32.3 percent
• D)80.0 percent $100,000 = $30,000

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