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EXAMPLE Find the IRR of an investment having initial cash outflow of $213,000. The cash inflows during the first, second, third and fourth years are

EXAMPLE

Find the IRR of an investment having initial cash outflow of $213,000. The cash inflows during the first, second, third and fourth years are expected to be $65,200, $96,000, $73,100 and $55,400 respectively. Assume that r is 10%.

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EXAMPLE Find the IRR of an investment having initial cash outflow of $213,000. The cash inflows during the first, second, third and fourth years are

EXAMPLE Find the IRR of an investment having initial cash outflow of $213,000. The cash inflows during the first, second, third and fourth years are expected to be $65,200, $96,000, $73,100 and $55,400 respectively. Assume that r is 10%.

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EXAMPLE

Find the IRR of an investment having initial cash outflow of $213,000. The cash inflows during the first, second, third and fourth years are expected to be $65,200, $96,000, $73,100 and $55,400 respectively. Assume that r is 10%.