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Suppose that $ C is invested/paid now and a profit of $ P is received in year n . Express the IRR in terms of
Suppose that $C is invested/paid now and a profit of $P is received in year n. Express the IRR in terms of C, P and n. You should simplify the expression as much as possible.
Use the expression to compute the IRR if C = 100, P = 350 and n = 10?
Expression of the IRR and calculation steps:
Answer for the IRR (two decimal places): ___________
Calculation steps:
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