[Solved] Oakwood Inc

Question 40
Multiple Choice

Oakwood Inc.requires all capital investments to generate an internal rate of return of 16 per cent.Oakwood is currently considering an investment that is expected to generate annual cash inflows of $15 000 for 7 years.The cost of the investment should not exceed:

A) $ 16 800
B) $ 37 149
C) $ 60 579
D) $105 000

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