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  3. a company has a minimum required rate of return of

A company has a minimum required rate of return of 8%....

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Accounting

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A company has a minimum required rate of return of 8%. It is considering investing in a project that costs $106302 and is expected to generate cash inflows of $42000 each year for three years. The approximate internal rate of return on this project is 9%. less than the required 8% 10%. 8%

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