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'Suppose an investment will cost $90,000 initially and will generate the following cash flows: Year 1: $50,000 Year 2: $80,000 Year 3: $15,000 Required rate

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'Suppose an investment will cost $90,000 initially and will generate the following cash flows: Year 1: $50,000 Year 2: $80,000 Year 3: $15,000 Required rate of return is 20% Using the MIRR Reinvestment Approach compute the IRR 27 32 26 38

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