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Need help solving this please ! 3. (6 points) (Ignore income taxes in this problem.) Jimmy Chitwood, Inc. is considering a project that is estimated
Need help solving this please !
3. (6 points) (Ignore income taxes in this problem.) Jimmy Chitwood, Inc. is considering a project that is estimated to generate annual cash inflows of $35,000. The equipment required for the project would cost $266,210. The project would last 15 years. What is the project's internal rate of return (round to the nearest percent.) Step by Step Solution
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