(Ignore income taxes in this problem.) Heap Company is considering an investment in a project that w
(Ignore income taxes in this problem.) Heap Company is considering an investment in a project that will have a two year life. The project will provide a 10% internal rate of return, and is expected to have a $40,000 cash inflow the first year and a $50,000 cash inflow in the second year. What investment is required in the project? A) $74,340 B) $77,660 C) $81,810 D) $90,000How is it B?
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