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(Related to Checkpoint 11.4) (IRR calculation) What is the internal rate of return for the following project: An initial outlay of $11,000 resulting in
(Related to Checkpoint 11.4) (IRR calculation) What is the internal rate of return for the following project: An initial outlay of $11,000 resulting in a single cash inflow of $34,669 in 11 years. The internal rate of return for the project is %. (Round to the nearest whole percent.)
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Principles of managerial finance
Authors: Lawrence J Gitman, Chad J Zutter
12th edition
9780321524133, 132479540, 321524136, 978-0132479547
