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A project has the following expected NCFs: Year 1: $80,000, Year 2: $70,000, Year 3: $60,000, Year 4: $50,000. If the NINV is $150,000 and
A project has the following expected NCFs: Year 1: $80,000, Year 2: $70,000, Year 3: $60,000, Year 4: $50,000. If the NINV is $150,000 and the WACC is 6%, what is the IRR of the project? a. 29% b. 23% c. 14% d. 18%
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