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Dons Corporation is planning a 12 year project with an initial investment of $2,500,000. The project will have $400,000 cash inflows per year in years
Dons Corporation is planning a 12 year project with an initial investment of $2,500,000. The project will have $400,000 cash inflows per year in years 1-4; $200,000 cash inflows in years 5-9, and $40,000 cash inflows in years 10-14. Determine the projects rate of return.
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