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Question 10 (3 points) When calculating an IRR, what happens if the project breaks even more than once? Use this example to illustrate this point:
Question 10 (3 points) When calculating an IRR, what happens if the project breaks even more than once? Use this example to illustrate this point: You are looking at a project that involves spending 100k today, and returns 150k 3 years later. At the 5 year mark on the project, it involves spending another 100k, and then for the next 20 years (up till year 25) the project returns 20k per year
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