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A company is considering to purchase an equipment for $60,000. The asset has a two-year life, and will produce a cash flow of -$3,500 in
- A company is considering to purchase an equipment for $60,000. The asset has a two-year life, and will produce a cash flow of -$3,500 in the first year and $82,500 in the second year. Show that the IRR of this investment is approximately 14.38%.
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Finance Bundling And Finance Transformation
Authors: Frank Keuper, Kai-Eberhard Lueg
1st Edition
3658042109, 978-3658042103
