A Project Is Expected to Have Annual Cash Flows of $22,400,$13,600

question 79

Multiple Choice

A project is expected to have annual cash flows of $22,400,$13,600 and -$4,200 for Years 1 to 3,respectively.The initial cash outlay is $27,500 and the discount rate is 12 percent.What is the modified IRR?

• A)13.12%
• B)13.22%
• C)2.73%
• D)8.67%
• E)9.75%

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Definitions:

Within-Subjects Design

A research design in which the same group of subjects is exposed to each condition or treatment.

Treatment Conditions

Specific situations or environments created within an experiment in which participants are exposed to a particular variable or intervention being tested.

Dependent Variables

The variables in an experiment that are expected to change as a result of manipulations to the independent variable.

Pretest-Posttest Control

A research design that measures participants before and after an intervention, comparing to a control group not receiving the intervention.