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apadong apadong
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7 years ago
ABC Corp. is considering an investment project that costs $500 today.  It expects the project will yield income of $200 at the end of years 1, 2, and 3.  The interest rate must be ________ for the firm to undertake the project.
A) exactly equal to 10%
B) at least 11%
C) no more than 9%
D) indeterminate from the given information.
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goldlilysgoldlilys
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7 years ago
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