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A firm has undertaken a project with an initial investment of $100,000. The firms cost of capital is 14%. Cash inflow for year 1) is
A firm has undertaken a project with an initial investment of $100,000. The firms cost of capital is 14%. Cash inflow for year 1) is $50,000, year 2) is $65,000, and year 3) is $90,000. What is the IRR for the project?
41% | ||
46% | ||
32% | ||
22% |
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