At what discount rates of return will npv be close to zero

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Question - Lily made an investment of $50,000. For each of the five years after the investment, Lily earns $8000, $10,000, $12,000, $16,000, $21,000. At which of the following discount rates of return will the NPV be close to zero?

A. 3%

B. 12%

C. 9%

D. 19%

Reference no: EM133011103

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