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A company invested in new machinery that is expected to provided the following cash flows. Year Cash out Cash in 0 $ (3,000,000) 1 550,000
| A company invested in new machinery that is expected to provided the following cash flows. | ||||
| Year | Cash out | Cash in | ||
| 0 | $ (3,000,000) | |||
| 1 | 550,000 | |||
| 2 | 550,000 | |||
| 3 | 550,000 | |||
| 4 | 730,000 | |||
| 5 | 730,000 | |||
| 6 | 730,000 | |||
| 7 | 730,000 | |||
| 8 | 730,000 | |||
| 35. What is the IRR of the investment? | ||||
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Guide To Finance Theory And Application Portfolio Mathematics
Authors: Professional Risk Managers' International Association (PRMIA)
1st Edition
0071731814
