A project will generate an annual cash flow of $237,600 for each of the next three years

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A project will generate an annual cash flow of $237,600 for each of the next three years and $274,800 for the fourth year. The initial cost of the project is $750,600. calculate What is the internal rate of return for this project?

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Fundamentals of Corporate Finance

ISBN: 978-0071051606

8th Canadian Edition

Authors: Stephen A. Ross, Randolph W. Westerfield

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Posted Date: Apr 20, 2023 12:54 AM

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A project will generate an annual cash flow of $237,600 for each of the next three years

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Solution We can use the trial and error method or the Excel IRR func... View the full answer

Fundamentals of Corporate Finance

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