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Cash flows from a new project are expected to be $4,000, $7,000, and $18,000 over the next 3 years, respectively. Assuming an initial cost
Cash flows from a new project are expected to be $4,000, $7,000, and $18,000 over the next 3 years, respectively. Assuming an initial cost of $15,000 and a required return of 10%, what is the project's IRR?
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Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur Keown, John Martin
12th edition
133423824, 978-0133423822
