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QUESTION 8 time initial investment and net operating income 0 $200,000.00 1 $23,000 2 $23,000 3 $23,000 4 $23,000 5 $23,000 6 $23,000 $23,000 8

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QUESTION 8 time initial investment and net operating income 0 $200,000.00 1 $23,000 2 $23,000 3 $23,000 4 $23,000 5 $23,000 6 $23,000 $23,000 8 $23,000 9 $23,000 $223,000 The internal rate of return based on the above cash flows is 11.5%. True False

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