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Please answer question b). $5,000 $3,000 $3,000 $3,000 4 $1,000 $1,000 $1,000 $5,000 a) What is the IRR of the project? 22.3% (Round to one
Please answer question b).
$5,000 $3,000 $3,000 $3,000 4 $1,000 $1,000 $1,000 $5,000 a) What is the IRR of the project? 22.3% (Round to one decimal place) b) What is the ERR of the project? % (Round to one decimal place) given an external reinvestment rate e = 10%? $5,000 $3,000 $3,000 $3,000 4 $1,000 $1,000 $1,000 $5,000 a) What is the IRR of the project? 22.3% (Round to one decimal place) b) What is the ERR of the project? % (Round to one decimal place) given an external reinvestment rate e = 10%Step by Step Solution
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