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A project requires an immediate cash outlay of $320,000 and another outlay of $96,000 after five years. The project has a residual value of $70,000
A project requires an immediate cash outlay of $320,000 and another outlay of $96,000 after five years. The project has a residual value of $70,000 after 10 years. Net returns are estimated to be $64,000 per year for 10 years. Compute the IRR for this project. Show your work. (6 Marks) Step by Step Solution
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Project Finance In Theory And Practice
Authors: Stefano Gatti
3rd Edition
0128114010, 978-0128114018
