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A project with an initial cost of $56,000 is expected to generate the following cash flows: Year Cash Flow 1 $11,900 2 $19,800 3 $14,650
A project with an initial cost of $56,000 is expected to generate the following cash flows:
| Year | Cash Flow |
|---|---|
| 1 | $11,900 |
| 2 | $19,800 |
| 3 | $14,650 |
| 4 | $17,550 |
| 5 | $8,500 |
What is the project's internal rate of return?
IRR = %
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The Road To Wealth The Answers You Need To More Than 2000 Personal Finance Questions
Authors: Suze Orman
1st Edition
9781594484582
