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papahomer papahomer
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7 years ago
Aroma Candles, Inc. is evaluating a project with the following cash flows. Calculate the IRR of the project. (Round to the nearest whole percentage.)

Year   Cash Flows
0   ($120,000)
1   $30,000
2   $70,000
3   $90,000

A) 18%
B) 23%
C) 28%
D) 33%
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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LutionalLutional
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7 years ago
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papahomer Author
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7 years ago
Smart ... Thanks!
kaytee23
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Yesterday
Just got PERFECT on my quiz
halyna
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2 hours ago
Thanks for your help!!
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