IRR with uneven cash flows A taxicab costing $15,780 is expected to last 3 years and have
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IRR with uneven cash flows A taxicab costing $15,780 is expected to last 3 years and have the following revenues and expenses, including depreciation expense of $4,110 per year:
At the end of 3 years the taxi will be sold for its salvage value of $3,450.
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