Determine the IRRs for the following projects: a. An initial outlay of $10,000 resulting in a cash

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Determine the IRRs for the following projects:

a. An initial outlay of $10,000 resulting in a cash inflow of $1,993 at the end of each year for the next 10 years

b. An initial outlay of $10,000 resulting in a cash inflow of $2,054 at the end of each year for the next 20 years

c. An initial outlay of $10,000 resulting in a cash inflow of $1,193 at the end of each year for the next 12 years

d. An initial outlay of $10,000 resulting in a cash inflow of $2,843 at the end of each year for the next 5 years

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Financial Management Principles and Applications

ISBN: 978-0134417219

13th edition

Authors: Sheridan Titman, Arthur J. Keown, John H. Martin

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