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Chili's is considering a fast food concession at the State Fair. The cash flow pattern is somewhat unusual because you must build the stands, operate
Chili's is considering a fast food concession at the State Fair. The cash flow pattern is somewhat unusual because you must build the stands, operate them for 3 years, then tear down the stands and restore the site to its original condition. Estimated cash flows are: Time 0 Expected Cash Flows ($600,000) 300,000 400,000 400,000 2 - 3 The IRR of this venture is closest to: 10.4% OOOO 18.396 25369 35.596
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