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Saline Company is considering investing in a new project. The project will need an initial...

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Finance

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Saline Company is considering investing in a new project. The project will need an initial investment of $1,200,000 and will generate $600,000 (after-tax) cash flows for three years. The IRR (or ROR) for the project is nearest to: O A. 14.5% B. 18.6% OC 20.2% OD. 23.4% E. 26.2%

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