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3) A company is considering a 5 -year project. It plans to invest $62,000 now and it forecasts cash flows for each year of $16,200.

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3) A company is considering a 5 -year project. It plans to invest $62,000 now and it forecasts cash flows for each year of $16,200. The company requires a hurdle rate of 12%. Calculate the internal rate of return to determine whether it should accept this project. 4) Coffer Co. is analyzing two projects for the future. Assume that only one project can be selected. Wse payborek period here

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