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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 $18,584 in 9 years. The internal rate of return for the project is %. (Round to the nearest whole percent.)
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
15th edition
77861612, 1259194078, 978-0077861612, 978-1259194078
