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plz answer The proposed expansion of CIV Electronics' plant facilities requires the immediate outlay of $109,000. Expected net returns are given in the following table.
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The proposed expansion of CIV Electronics' plant facilities requires the immediate outlay of $109,000. Expected net returns are given in the following table. Calculate the internal rate of return (IRR). Year 1 $Nil $23,000 Year 2 Year 3 Year 4 Year 5 Year 6 $60,000 $50,000 $18,000 $31,000 The internal rate of return is %. (Round to the nearest tenth as needed.)Step by Step Solution
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