What is the IRR for a project with a current cost of $7,000 that is ex
What is the IRR for a project with a current cost of $7,000 that is expected to produce cash inflows of $1,000 at the end of each of the next 10 years? Round answer to the nearest whole percent.
A) 10%
B) 8%
C) 7%
D) 11%
E) 6%
ANSWER
C
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