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Problem 1: An investment is expected to produce the following annual year-end cash flows: Year 1: $5000, Year 2: $5000, Year 3: $5000, Year 4:
Problem 1: An investment is expected to produce the following annual year-end cash flows: Year 1: $5000, Year 2: $5000, Year 3: $5000, Year 4: $5000, Year 5: $5000, Year 6: $5000 This investment costs $21,776.30. The internal rate of retum (IRR) for this investment is 10%. Please calculate the amount
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