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Dice inc is considering a very risky 5 yr project that has an initial outlay or cost of $70000. The future cash inflows from its
Dice inc is considering a very risky 5 yr project that has an initial outlay or cost of $70000. The future cash inflows from its project for years 1,2,3,4, and 5 are all the same at $35,000. Dice uses the internal rate of return method to evaluate projects. Will Dice accept the project if its hurdle rate is 41.00%? What is the IRR?
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