Use the Following Information to Answer the Question(s)below

question 66

Multiple Choice

Use the following information to answer the question(s) below.
You are considering investing in a start-up project at a cost of $100,000.You expect the project to return $500,000 to you in seven years.Given the risk of this project,your cost of capital is 20%.
-The IRR for this project is closest to:

• A)15.60%.
• B)18.95%.
• C)20.00%.
• D)25.85%.

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Definitions:

Fourteenth Amendment

An amendment to the U.S. Constitution, guaranteeing equal protection under the law, and was instrumental in establishing civil rights.

Same-Sex Marriages

The legally or socially recognized marriage between two individuals of the same sex, now legal in numerous countries and jurisdictions around the world.

Rights and Status

The entitlements and positions held by individuals or groups in a society, which can be legally, socially, or morally recognized.

Homosexuals

Individuals who are romantically or sexually attracted to people of their same sex; the term is often considered outdated or clinical in modern contexts, with many preferring "gay" or "lesbian."