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Suppose you are offered $10,300 today but must make the following payments: If the appropriate discount rate is 23 percent, should you accept this offer?
Suppose you are offered $10,300 today but must make the following payments: If the appropriate discount rate is 23 percent, should you accept this offer?
Y0=10,300
Y1=-5500
Y2=-4200
Y3=-3300
Y4=-2000
What is IRR?
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