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Calculate the internal rate of return for an investment with the following characteristics in excel: Initial Cost $450,000 Project Life 10 years MARR 15% Annual
Calculate the internal rate of return for an investment with the following characteristics in excel:
| Initial Cost | $450,000 |
| Project Life | 10 years |
| MARR | 15% |
| Annual Revenue | $75,000 |
| Annual Cost | $8,000 |
Please show excel equations
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
8th Edition
1264098723, 978-1264098729
