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A project has an initial cash outflow of $55,000, total cash flow in year 1 of $22,000, with total cash flows increasing by 5% in
A project has an initial cash outflow of $55,000, total cash flow in year 1 of $22,000, with total cash flows increasing by 5% in years 2 and 3. What is the projects Internal Rate of Return?
Potential Answers:
12.3% | |
10.0% | |
14.4% | |
8.9% | |
9.7% |
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