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Q 1(b) [15 Marks] A company invests a lump sum in a project and the project generates cash flow (income) in three consecutive interest periods:
Q 1(b) [15 Marks] A company invests a lump sum in a project and the project generates cash flow (income) in three consecutive interest periods: Suppose that the internal rate of return of the project is 8%. Calculate the amount of the initial investment. Q 1(b) [15 Marks] A company invests a lump sum in a project and the project generates cash flow (income) in three consecutive interest periods: Suppose that the internal rate of return of the project is 8%. Calculate the amount of the initial investment
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