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Exercise 9-17. A company is making an investment of $2,342,971 that will yield the following cash flows: ear 1 $233,100 Year 2 $453,100 Year 3
Exercise 9-17. A company is making an investment of $2,342,971 that will yield the following cash flows: ear 1 $233,100 Year 2 $453,100 Year 3 $631,800 Year 4 $848,400 Year 5 $1,131,317 What is the internal rate of return of the investment? Enter your answers as amounts only with neither commas nor decimals
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Internal Auditing Assurance & Consulting Services
Authors: Kurt F Reading, Paul J Sobel, Urton L Anderson, Michael J Head, Sri Ramamoorti
1st Edition
0894136100, 9780894136108
