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Problem 10-24 (similar to) Question Help ork 01: (IRR of uneven cash-flow stream) Microwave Oven Programming, Inc. is considering the construction of a new plant.
Problem 10-24 (similar to) Question Help ork 01: (IRR of uneven cash-flow stream) Microwave Oven Programming, Inc. is considering the construction of a new plant. The plant will have an initial cash outlay of $15 million, and will produce cash flows of $5 million at the end of year 1. $6 million at the end of year 2, and $4 million at the end of years 3 through 5. What is the 011 internal rate of return on this new plant? (31. The internal rate of return on this new plant is 1%. (Round to two decimal places.) Jest Ecty
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