Business, 14.04.2020 22:00, lesliealaves16
Clean Tel, Inc. is considering investing in an 11-year project with annual cash inflows of $1,000,000. These cash inflows have an initial investment of $7,139,000. At what discount rate would this present value be the same as the initial investment?
a. 6%
b. 7%
c. 9%
d. 8%
Answers: 2
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Clean Tel, Inc. is considering investing in an 11-year project with annual cash inflows of $1,000,00...
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