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Cooper Industries is considering a project that would require an initial investment of P235,000. The project would result in cost savings of P70,110 annually for the next five years. The internal rate of return is: O 11% O 15% O 18% O 13%

Cooper Industries is considering a project that would require an initial investment of P235,000. The project would result in cost savings of P70,110 annually for the next five years. The internal rate of return is: O 11% O 15% O 18% O 13%

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Cooper Industries
Cooper Industries is considering a project that would require an initial investment of P235,000. The project would result in cost savings of P70,110 annually for the next five years. The internal rate of return is: O 11% O 15% O 18% O 13%
Transcribed Image Text:Cooper Industries is considering a project that would require an initial investment of P235,000. The project would result in cost savings of P70,110 annually for the next five years. The internal rate of return is: O 11% O 15% O 18% O 13%
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