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Calculate the IRR for the following set of cash flows. The required return on an investment with this level of risk is 15%. Is this
Calculate the IRR for the following set of cash flows. The required return on an investment with this level of risk is 15%. Is this a good investment? Is this the only IRR? How many IRRs? Explain your answers.
YEAR 0 1 2 3 4 5
CASH FLOW -600,000 88,000 -20,000 140,000 130,000 180,000
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