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A company is considering a project with the following characteristics: Initial investment: $50,000 Annual cash inflows for 9 years: $10,100 per year The company's discount
A company is considering a project with the following characteristics:
- Initial investment: $50,000
- Annual cash inflows for 9 years: $10,100 per year
The company's discount rate is 10%.
Which answer below is closest to the Internal Rate of Return for this project?
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Accounting And Finance An Introduction
Authors: Eddie McLaney, Peter Atrill
10th Edition
1292312262, 978-1292312262
