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Given the following annual net cash flows, determine the IRR to the nearest whole percent of a project with an initial outlay of $1,800. Year
Given the following annual net cash flows, determine the IRR to the nearest whole percent of a project with an initial outlay of $1,800.
| Year | Net Cash Flow |
| 1 | $1,000 |
| 2 | $750 |
| 3 | $500 |
A) 14% B) 12% C) 8% D) 25%
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Understanding Healthcare Financial Management
Authors: Louis C. Gapenski, George H. Pink
6th Edition
1567933629, 9781567933628
