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I need help in solving this question. I just need step by step solutions. Thank you Fast Machines, Inc., has a project with the following
I need help in solving this question. I just need step by step solutions. Thank you
Fast Machines, Inc., has a project with the following cash flows. The company evaluates all projects by applying the IRR rule.
Year | Cash Flow | ||
0 | $ | 28,700 | |
1 | 12,700 | ||
2 | 15,700 | ||
3 | 11,700 | ||
What is the IRR for this project?
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