Verno Inc, is considering Projects L. However company has lost investment information for Project L. Payback period for the projects is 3 years. What is the IRR of the project L ? 01234 CFL -$X. $600. $620. $570. $520 A.11.1% B. 11.08% C. 11.35% D. 11.21% E. 10.95%

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Verno Inc, is considering Projects L. However company has lost investment information for Project L. Payback period for the projects is 3 years. What is the IRR of the project L ?

01234

CFL -$X. $600. $620. $570. $520

A.11.1%

B. 11.08%

C. 11.35%

D. 11.21%

E. 10.95%

 

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