(12 Marks) You are considering the following project: It pays you $2,500 at the end of the first year, costs $8,500 by the end of
(12 Marks) You are considering the following project: It pays you $2,500 at the end of the first year, costs $8,500 by the end of the second year and brings $6,800 a year after. What is the project's internal rate of return(s), exact external rate of return and the approximate external rate of return if current MARR is 14%
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