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A firm has a new project with an initial investment of $70,000 and the following end-ofyear estimated cash flows: Year 1: $28,000 Year 2: $18,000
A firm has a new project with an initial investment of $70,000 and the following end-ofyear estimated cash flows: Year 1: $28,000 Year 2: $18,000 Year 3: $30,000 Year 4: $30,000 What is the Internal Rate of Return (IRR) of this project? 26.4% 14.6% 18.3% Need to know the firm's WACC
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