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Suppose a project has an initial outflow of $600000. If the cash flows projected for years 1-6 are $225000, $200000, $250000, $100000, 80, and $50000,

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Suppose a project has an initial outflow of $600000. If the cash flows projected for years 1-6 are $225000, $200000, $250000, $100000, 80, and $50000, respectively the IRR. Draw the timeline. Set up (by hand) the equation to solve for IRR. DO NOT SOLVE. Solve for the IRR using excel

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