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Determine the internal rate of return on the following project: An initial outlay of $9,500 resulting in a cash inflow of $2,187 at the end
Determine the internal rate of return on the following project: An initial outlay of $9,500 resulting in a cash inflow of $2,187 at the end of each year for the next 8 years.
The internal rate of return of the project is
%.
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Financial And Managerial Accounting For MBAs
Authors: Peter D. Easton
6th Edition
9781618533593
