A project costs 100 today. The project has positive cash flows of 100 in years one and

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A project costs 100 today. The project has positive cash flows of 100 in years one and two. At the end of the life of the project there are large environmental costs resulting in a negative cash flow in year 3 of −95. Determine the internal rate(s) of return for the project.

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Lectures On Corporate Finance

ISBN: 9789812568991

2nd Edition

Authors: Peter L Bossaerts, Bernt Arne Odegaard

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