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IRR Calculation: Calculate the IRR given the following information: 1. Initial cash outlay of $1.0 million 2. Cash returns of $300,000 per year paid at

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IRR Calculation: Calculate the IRR given the following information: 1. Initial cash outlay of $1.0 million 2. Cash returns of $300,000 per year paid at the end of each year for five years Show your work or explain the spreadsheet function that you employed to determine your

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