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A project has an initial cost of $45,000, expected net cash inflows of $9,000 per year for 9 years, and a cost of capital of
A project has an initial cost of $45,000, expected net cash inflows of $9,000 per year for 9 years, and a cost of capital of 10%. What is the project's IRR?
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Personal Finance
Authors: Jeff Madura
5th edition
132994348, 978-0132994347
