What is the approximate internal rate of return of a project with a cost of $100 000 that generates cash flows of $40 000 over the next three years?
A)2%
B)5%
C)9%
D)10%

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The Answer of What is the approximate internal rate of return of a project with a cost of $100 000 that generates cash flows of $40 000 over the next three years?
A)2%
B)5%
C)9%
D)10%

What Is the Approximate Internal Rate of Return of a Project