Kim Corporation is considering an investment of 750 million won with expected after-tax cash inflows of 175 million won per year for seven years. The required rate of return is 10 percent. What is the project's:

A. 102 million won 14.0%
B. 157 million won 23.3%
C. 193 million won 10.0%

Answer: A. 102 million won 14.0%

Business

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