A project costs 101000 and is expected to generate cash, Finance Basics

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A project costs 101000 and is expected to generate cash

A project costs $101,000 and is expected to generate cash flows of $31,000 per year for the next 15 years. At what rate is the NPV equal to zero?
This is a multiple choice quesion. A)30.10% B) 29.83% C)22.47% D)31.38%
Please show how you arrived at the answer, for full credit.

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Finance Basics: A project costs 101000 and is expected to generate cash

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Finance Basics: A project costs 101000 and is expected to generate cash

Reference No:- TGS0622245

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Recent Questions Asked Finance Basics

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Finance Basics: A project costs 101000 and is expected to generate cash

Reference No:- TGS0622245

Recent Questions Asked Finance Basics

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