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Bell Hound Financial is considering increasing its insurance product offerings they estimate that the project will cost $79,131 to be paid at the inception of
Bell Hound Financial is considering increasing its insurance product offerings they estimate that the project will cost $79,131 to be paid at the inception of the project. They estimate that the project will yield cash flows of $10,662 in 2 years, $25,465 in 6 years, $33,471 in 13 years, and $55,221 in 21 years. Find the Internal rate of return for this project assuming interest is compounded annually. For your consideration: How would you do this problem if interest was compounded quarterly?
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