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Determine whether the IRR for a project with the following cash flows is about 9% or 13% if its cost is $13,058,741. Period Cash Flow
Determine whether the IRR for a project with the following cash flows is about 9% or 13% if its cost is $13,058,741.
Period | Cash Flow |
1 | 2,200,000 |
2 | 2,400,000 |
3 | 8,100,000 |
4 | 5,900,000 |
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