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QUESTION 2 For the nonconventional net cash flow series shown, the external rate of retum per year using the MIRR method, with an investment rate

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QUESTION 2 For the nonconventional net cash flow series shown, the external rate of retum per year using the MIRR method, with an investment rate of 20% per year and a borrowing rate of 8% per year, is closest to: Year NCF, S -40,000 +18,809 2 -29,000 3 +25,000 4 +53,938

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