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Casa Del Sol Property Development Company is borrowing $1,875,000. It expects to pay back $415,350 for the next seven years. What is the internal rate

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Casa Del Sol Property Development Company is borrowing $1,875,000. It expects to pay back $415,350 for the next seven years. What is the internal rate of return? Should the firm borrow if r 12 percent? 12.35 percent, yes because IRR>r 12.35 percent, no because IRR>r 11.83 percent, yes, because IRRr

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