If a Project's IRR Is 13% and the Project Provides

question 6

Multiple Choice

If a project's IRR is 13% and the project provides annual cash flows of $15,000 for 4 years,how much did the project cost?

• A) $44,617.07
• B) $52,208.18
• C) $41,909.29
• D) $49,082.11

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Definitions:

Analyzing

The process of examining data or details systematically to understand their structure, uncover relationships, and extract meaningful information.

Chief Information Officer

An executive responsible for managing and implementing technology and information systems within an organization.

Information Systems

Systems that manage and process data to support decision-making and operations in an organization.

Big Data

Information collected in massive amounts and at unprecedented speed from both traditional and digital sources that is used in business decision making; complex structured or unstructured sets of information that traditional processing applications are unable to analyze.