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Nobell Company Is Evaluating an Investment of $1,000,000 Which Will

Question 114

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Nobell Company is evaluating an investment of $1,000,000 which will yield net cash inflows of $142,369 per year for 10 years with no residual value. What is the internal rate of return? Present value of annuity of $1: Nobell Company is evaluating an investment of $1,000,000 which will yield net cash inflows of $142,369 per year for 10 years with no residual value. What is the internal rate of return? Present value of annuity of $1:   A) 6% B) 7% C) 8% D) 9%


A) 6%
B) 7%
C) 8%
D) 9%

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