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! Required information For the net cash flows shown, find the external rate of return with a reinvestment rate of 15% per year. Year O
! Required information For the net cash flows shown, find the external rate of return with a reinvestment rate of 15% per year. Year O 1 2 3 Net Cash Flow, $ 48,000 20,000 -90,000 50,000 -52,000 4 NOTE: This is a multi-part question. Once an answer is submitted, you will be unable to return to this part. Use a spreadsheet to verify the answer. (Please upload your response/solution using the controls below.)
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