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Lada Lada
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6 years ago
Saint Mary's is offered a contract, which offers a net present value of $15 000 if the required rate of return is 12%. Alternatively, net present value is -$12 000 if the required rate of return is 18%. At what rate of return, would the NPV be zero?
A) 13%
B) 13.7%
C) 14%
D) 14.5%
E) 15%
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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AxyAxy
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6 years ago
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Lada Author
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6 years ago
Thank you, thank you, thank you!
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Thanks
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2 hours ago
Helped a lot
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