Internal Rate of Return: National Internet Networks Has Been Installing

question 47

Multiple Choice

Internal rate of return: National Internet Networks has been installing a fiber-optic network at a cost of $18 million. The company expects annual cash flows of $3.7 million over the next 10 years. What is this project's internal rate of return? (Round to the nearest percent.)

• A) 10%
• B) 12%
• C) 14%
• D) 16%

---

Definitions:

Compensate For

To make up for something lacking or deficient, often by exerting extra effort or using an alternative strategy.

Move Away From

To change position or direction to increase distance from a specific location, situation, or concept.

Integrate

To combine two or more elements into a whole, or to assimilate individuals or groups into a larger community or organization.

Anima and Animus

Concepts in Jungian psychology representing the feminine inner personality in men (anima) and the masculine inner personality in women (animus).