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ABC company is considering whether or not to invest in a project. The project cash flows are shown in the following table: Period Project Cash
ABC company is considering whether or not to invest in a project. The project cash flows are shown in the following table:
| Period | Project Cash Flows |
|---|---|
| 0 | -$8,200,000 |
| 1 | $900,000 |
| 2 | $930,000 |
| 3 | $7,930,000 |
What is the IRR of this investment?
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Personal Finance
Authors: Jane King, Mary Carey
2nd Edition
0198748779, 9780198748779
