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Consider the Following Project

Question 34

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)  8.0% B)  18.9% C)  22.4% D)  60.0% 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) 8.0%
B) 18.9%
C) 22.4%
D) 60.0%

Correct Answer:

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