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A bank is planning to set up a new branch in a new location. If the initial invest is $28500, cost of capital is 14%,

A bank is planning to set up a new branch in a new location. If the initial invest is $28500, cost of capital is 14%, net cash inflow is $10,000 per year and expected lifetime is 4 years, what would the IRR of the branch in that new location? Is it worthwhile to set up the branch in that new location?

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