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Initech invests in a new plant for $210,000. The investment is expected to generate cash flows in the next 3 years of: $55,000, $75,000, and
Initech invests in a new plant for $210,000. The investment is expected to generate cash flows in the next 3 years of: $55,000, $75,000, and $90,000. Calculate the IRR of the project.
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Financial Markets And Institutions
Authors: Jeff Madura
9th Edition
1439038848, 978-1439038840
