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Custom Shades is considering an investment in a 4 year project. It will provide a 15% internal rate of return, and is expected to have
Custom Shades is considering an investment in a 4 year project. It will provide a 15% internal rate of return, and is expected to have a $45,000 cash inflow in the first year, $60,000 in the 2nd year, and $55,000 in the last two years. What is the maximum initial investment that would support this internal rate of return and the three cash inflows indicated above?
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