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helpme Question 23 (1 point) Listen Dennis is thinking about buying a small business for $190,000. He expects to earn profits of $50,000 per year
helpme 
Question 23 (1 point) Listen Dennis is thinking about buying a small business for $190,000. He expects to earn profits of $50,000 per year for 4 years and then sell the business for $75,000 (also at the end of the fourth year). Calculate the IRR for the business. Express your answer to 2 decimal places Step by Step Solution
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Money Banking And Financial Markets
Authors: Stephen G. Cecchetti
2nd International Edition
0071287728, 9780071287722
