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QUESTION 3 For the nonconventional net cash flow series shown, the external rate of return per year using the MIRR method, with an investment rate

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QUESTION 3 For the nonconventional net cash flow series shown, the external rate of return 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 1 Year NCE, S 0 -40,000 +19,838 -29,000 +25,000 +51,954

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