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An asset has annual cash outflow of $25000, annual cash inflow is as follow. Year 1 - 5000 Year 2 - 10000 Year 3 -
An asset has annual cash outflow of $25000, annual cash inflow is as follow.
Year 1 - 5000
Year 2 - 10000
Year 3 - 2000
Year 4 - 7000
What is the IRR of the asset?
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus
11th Edition
1260288390, 978-1260288391
