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Please explain and calculate the IRR for the following: Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 PV of cash flows
Please explain and calculate the IRR for the following:
Year 0 Year 1 Year 2 Year 3 Year 4 Year 5
PV of cash flows -6.96 -5.07 -1.07 7.40 7.65 7.14
NPV of project 9.09
IRR of project ?
Payback period 3.30 years
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