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ABC Inc is seeking to invest in a 3-year project that will create cash inflows of $7,000 in the first year, $8,000 in the second
ABC Inc is seeking to invest in a 3-year project that will create cash inflows of $7,000 in the first year, $8,000 in the second year, and $9,000 in the third year. The cost of this project is $18,000, and the required return is 12%. What is internal rate of return (IRR)
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Intermediate Financial Management
Authors: Brigham, Daves
10th Edition
978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573
