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A project has an initial outlay of $1,000. The project will generate cash flows of $400 in Years 1-3 and cash flows of $200 in
A project has an initial outlay of $1,000. The project will generate cash flows of $400 in Years 1-3 and cash flows of $200 in Years 4-6. What is the IRR of this project?
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
4th edition
78025524, 978-0078025525
