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Consider the following EOY cash flows: The MARR and external reinvestment rate () are 10% per year. What is the External Rate of Return (ERR)

image text in transcribed Consider the following EOY cash flows: The MARR and external reinvestment rate () are 10% per year. What is the External Rate of Return (ERR) method. a. 8.8% b. 10.4% c. 12.2% d. 11.9%

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