If a Project Costs $72,000 and Returns $18,500 Per Year

question 55

Multiple Choice

If a project costs $72,000 and returns $18,500 per year for 5 years,what is its IRR?

• A) 8.98%
• B) 7.39%
• C) 8.50%
• D) 7.67%

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Definitions:

High-performance Orientation

An organizational or team focus on achieving high levels of performance and excellence, often through setting challenging goals and standards.

Favorable Judgments

Positive evaluations or opinions formed about something or someone based on evidence and reasoning.

Competence

The ability to do something successfully or efficiently, encompassing skills, knowledge, and experience.

Cultural Diversity

The presence of multiple and different cultural groups, traditions, and practices within a community or organization.