paulmatthie paulmatthie
  • 18-04-2024
  • Mathematics
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A project has an initial cost of $48,900 and cash flows of $31,300, –$11,600, and $40,300 for Years 1 to 3, respectively. The discount rate is 14 percent. What is the modified IRR using the discounting approach? Multiple Choice 11.68% 12.67% 15.59% 10.85% 14.92%

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