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Given the Cash Flows Described in Table Below A) 1385%
B) 12

Question 3

Multiple Choice

Given the cash flows described in table below. Determine the ROR.
 Year 01235 Cash flow $12,3004,0003,000\begin{array} { | l | l | l | l | } \hline \text { Year } & 0 & 1 - 2 & 3 - 5 \\\hline \text { Cash flow } & - \$ 12,300 & 4,000 & 3,000 \\\hline\end{array}


A) 13.85%
B) 12.75%
C) 14.21%
D) 13.11%

Correct Answer:

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