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10.24 Internal rate of return: Management of Great Flights, Inc., an aviation firm, is considering purchasing three aircraft for a total cost of $161 million.

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10.24 Internal rate of return: Management of Great Flights, Inc., an aviation firm, is considering purchasing three aircraft for a total cost of $161 million. The company would lease the aircraft to an airline. Cash flows from the proposed leases are shown in the following table. What is the IRR of this project? 10.46 Given the following cash flows for a capital project, calculate the NPV and IRR. The required rate of return is 8 percent. Which of the above answers is correct

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