Business, 07.05.2020 05:10, elijahblaize24

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: 3

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Clean Tel, Inc. is considering investing in an 11-year project with annual cash inflows of $1,000,00...