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9. You are reviewing a new project and have estimated the following cash 1, 000 ; Year 1: CF = 64, 120 ; Year 2:

9. You are reviewing a new project and have estimated the following cash 1, 000 ; Year 1: CF = 64, 120 ; Year 2: CF = 70, 800 ; Year 3: d rate of return is 12 %, calculate IRR =( ). b . 6 . 17 d. 8.7 e. 9.5 f . 10.5 g . 11.8 h. 12 15.0 j . 16 %

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