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2. Find the Rate of Return over 8 years on a project that cost $250,000 today and $100,000 in 3 years, but will return a

2. Find the Rate of Return over 8 years on a project that cost $250,000 today and $100,000 in 3 years, but will return a net income $70,000 at the end of the year for 8 years. Further, there will be a special cash inflow of $50,000 at the end of year 8.

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