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Project ABC's profitability index is equal to 1.00 (PI=1) and the discounted payback period is 3.75 years. If the required rate of return is equal
Project ABC's profitability index is equal to 1.00 (PI=1) and the discounted payback period is 3.75 years. If the required rate of return is equal to 10%, what is the IRR? Explain your reasoning
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