Describe the internal rate of return on the project


B Company has a minimum required rate of return of 8%. It is considering investing in a project that costs $68,337 and is expected to generate cash inflows of $27,000 each year for 3 years. The approximate internal rate of return on the project is what amount?

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Accounting Basics: Describe the internal rate of return on the project
Reference No:- TGS0691878

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