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NEW QUESTION: 1

A. Option B
B. Option C
C. Option A
D. Option D
Answer: C

NEW QUESTION: 2
What is the annual Internal Rate of Return of this series of annual cash flows: Year 0: <$14,000>, Year 1:
$5,000, Year 2: $4,000, Year 3: $5,000, Year 4 a negative number).
A. 12.04%
B. 10.69%
C. 45.29%
D. 11.14%
E. 10.49%
Answer: D
Explanation:
Explanation/Reference:
Explanation:
On the BAII Plus, press CF 2nd CLRWork 14000 +/- ENTER DownArrow 5000 ENTER DownArrow DownArrow 4000 ENTER DownArrow DownArrow 5000 ENTER DownArrow DownArrow 4000 ENTER DownArrow DownArrow 2nd Quit. Then press Irr CPT. On the HP12C, press these keys: 14000 CHSBlueShift CFo 5000 BlueShift CFj 4000 BlueShift CFj 5000 BlueShift CFj 4000 BlueShift CFj. Then press YellowShift Irr. The "DownArrow" represents the downward-pointing arrow on the top row of the BAII Plus keyboard. Make sure the BAII Plus has the value of P/Y set to 1.

NEW QUESTION: 3

A. Option B
B. Option A
C. Option C
D. Option E
E. Option F
F. Option D
Answer: A,D