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1. Merage Company is considering investing in a new project. The project will need an initial investment of $2,100,000 and will generate $1,200,000 (after-tax) cash
1. Merage Company is considering investing in a new project. The project will need an initial investment of $2,100,000 and will generate $1,200,000 (after-tax) cash flows for three years. Calculate the IRR for the project.
2.
Calculate the payback period:
C0= -2000, C1= +600 , C2= +1400 and C3= +5000
Group of answer choices
Three years
One year
None of the above
Two years
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