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Tressor Company is considering a 5-year project. the company plans to invest $90,000 now and...

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Accounting

Tressor Company is considering a 5-year project. the company plans to invest $90,000 now and forecasts cash flows of $20,000. The company requires investments yield a discount rate of at least 10%. What is the internal rate of return?

about 10%

about 20%

about 3.5%

about 8%

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