Coastline Project has an initial outlay of $30,000, followed by positive cash flows of $10,000 in year 1, $15,000 in year 2, and $15,000 in year 3.The project should be accepted if the required rate of return is
A)greater than 0.
B)less than 14.6%.
C)less than 16.25%.
D)greater than 12%.

Question

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The Answer of Coastline Project has an initial outlay of $30,000, followed by positive cash flows of $10,000 in year 1, $15,000 in year 2, and $15,000 in year 3.The project should be accepted if the required rate of return is
A)greater than 0.
B)less than 14.6%.
C)less than 16.25%.
D)greater than 12%.

Coastline Project Has an Initial Outlay of $30,000, Followed by Positive