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Consider the Following Project

Question 33

Multiple Choice

Consider the following project:
Consider the following project: If cash flows are reinvested at the project's cost of capital, the modified internal rate of return for this project is closest to: A) 3.3% B) 8.0% C) 8.8% D) 9.2% E) 20.0% If cash flows are reinvested at the project's cost of capital, the modified internal rate of return for this project is closest to:


A) 3.3%
B) 8.0%
C) 8.8%
D) 9.2%
E) 20.0%

Correct Answer:

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