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A three - year investment ( Equipment ) requires you to invest $ 1 , 0 0 0 initially. It is expected to provide three
A threeyear investment Equipment requires you to invest $ initially. It is expected to provide three yearend cash inflows of $ and you can sell the equipment for $ at the end of three years. What is the IRR? If your cost of capital is would you go ahead with the project as a finance manager?
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