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Problems 6 to 12 A proposed project requiring an initial outlay of $230,000 will provide the following year-end cash flows (remember that the initial outlay
Problems 6 to 12 A proposed project requiring an initial outlay of $230,000 will provide the following year-end cash flows (remember that the initial outlay and year 3 are negative cash flows)
Year 1 2 3 4 5 6
Cash Flows $140,000 $171,000 $-440,000 $259,000 $321,000 $265,000
Please compute the internal rate of return for the above investment __________________.
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