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Consider a capital budgeting project with the cash flows shown below. If the appropriate cost of capital (i.e., the hurdle rate) is 10 percent, the
Consider a capital budgeting project with the cash flows shown below. If the appropriate cost of capital (i.e., the hurdle rate) is 10 percent, the project's IRR is %. Round to the nearest 1%. Year 0 1 2 4. 5 Cash Flow -$2,000 $840 $400 $600 $100 $800
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