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Rudolph Investments specializes in buying Christmas tree ornaments production facilities. It is planning to purchase yet another one, and to finance the purchase with a

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Rudolph Investments specializes in buying Christmas tree ornaments production facilities. It is planning to purchase yet another one, and to finance the purchase with a participation loan. Below is the information (all numbers in \$) for Rudolph Investments' anticipated annualized before-tax cash flows (BTCF) for the 2-year holding period: Calculate the lender's annual rate of return, or the IRR, assuming that Rudolph Investments makes loan payments monthly. For that, you would need to follow two steps: Step 1: "financial calculator keys" CFo= C01= F01= C02= F02= C03= F03= IRR CPT If any values need to be negative, don't forget the minus sign. Step 2: The answer from Step 1 is then multiplied by Put " 1 " if no additional math is required. The resulting annual return for the lender is percent. Put the answer in percent, not in decimals, and round to 2 decimal places. For example, if you got 12.34 percent, put just 12.34. Do NOT put the "\%" sign. True or false? The higher the participation percentages applied to net operating income in excess of some agreed upon dollar amount, the higher the investor's BTIRR. Put "true" or "false

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