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Question 13: A firm is considering a project that has the following cash flow. Year 0 1 2 3 4 5 Cash flows $9,500 $2,000
Question 13:
A firm is considering a project that has the following cash flow.
Year | 0 | 1 | 2 | 3 | 4 | 5 |
Cash flows | $9,500 | $2,000 | $2,025 | $2,050 | $2,075 | $2,100 |
What is the project's IRR?
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