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1. An investment project has the following cash flows: CFO - -1,000,000; C01 - C08 - 200,000 each If the required rate of return is

1. An investment project has the following cash flows: CFO - -1,000,000; C01 - C08 - 200,000 each If the required rate of return is 12%, calculate IRR-(). a. 5 b.6 c.7 d. 8.7 e. 11.8 %

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