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Solji company invested in a two-year project having an internal rate of return of 12%....

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Accounting

Solji company invested in a two-year project having an internal rate of return of 12%. The project is expected to produce cash flow from operations of $60,000 in the first year and $70,000 in the second year. The cost of the project is closest to:

A) 103,600

B) 109,400

C)116,100

D)122,500

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