(LO 9-3) What is the internal rate of return for this stream of cash flows for a...

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(LO 9-3) What is the internal rate of return for this stream of cash flows for a $32,000 investment (−$32,000) and cash inflows of $9,000 per year for Years 1–4? Use the Excel IRR() function for your calculation.

a. 3.25 percent

b. 4.88 percent

c. 7.18 percent

d. 2.39 percent

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Introduction To Data Analytics For Accounting

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Authors: Vernon Richardson, Katie Terrell And Ryan Teeter

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Question Posted: Jun 12, 2024 10:03 AM

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(LO 9-3) What is the internal rate of return for this stream of cash flows for a...

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Introduction To Data Analytics For Accounting

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