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A project has an initial cost of $50,000, expected net cash inflows of $12,000 per year for 8 years, and a cost of capital of
A project has an initial cost of $50,000, expected net cash inflows of $12,000 per year for 8 years, and a cost of capital of 11%. What is the project's IRR? Round your answer to two decimal places.
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Finance Of International Trade
Authors: Eric Bishop
1st Edition
0750659084, 978-0750659086
