Project Full Moon has an initial outlay of $30,000, followed by positive cash flows of $10,000 in year 1, $15,000 in year 2, and $15,000 in year 3. The project should be accepted if the required rate of return is
A) greater than 0.
B) less than 14.6%.
C) less than 16.25%.
D) greater than 12%.

Question

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The Answer of Project Full Moon has an initial outlay of $30,000, followed by positive cash flows of $10,000 in year 1, $15,000 in year 2, and $15,000 in year 3. The project should be accepted if the required rate of return is
A) greater than 0.
B) less than 14.6%.
C) less than 16.25%.
D) greater than 12%.

Project Full Moon Has an Initial Outlay of $30,000, Followed