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Suppose a 3years old investment has initial cost amount 38.250euros.The expected net cash flows are: 1st year10.000euros,2nd year 15.100euros and 3th year 24.300euros. if the

Suppose a 3years old investment has initial cost amount 38.250euros.The expected net cash flows are: 1st year10.000euros,2nd year 15.100euros and 3th year 24.300euros.

if the discount rate is 10%.Which is the IRR by the method of multiple approaches analytically not by the formula of excel ?

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