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Prove your answer by using the cashflows in Question 2 above, and solve using the =IRR function in Excel. Note: you will need to input

Prove your answer by using the cashflows in Question 2 above, and solve using the =IRR function in Excel. Note: you will need to input -$1050 as the Time 0 cashflow and include that as the first cashflow in your =IRR calculation.

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