=+PE 26-4B Internal rate of return obj. 3 EE 26-4 p. 1192 Project 1 requires an original
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=+PE 26-4B Internal rate of return obj. 3 EE 26-4 p. 1192 Project 1 requires an original investment of $10,000. The project will yield cash flows of
$3,000 per year for seven years. Project 2 has a calculated net present value of $2,500 over a four-year life. Project 1 could be sold at the end of four years for a price of $9,000.
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