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Suppose you make an investment of $200,000 for a project that is forecasted to generate $30,000 per year for the next 10 years starting three
Suppose you make an investment of $200,000 for a project that is forecasted to generate $30,000 per year for the next 10 years starting three years from today. Which equation below can be used to solve for the IRR of this project?
1 $30,000 1 IRR IRR(1+ IRR)10 | 11 + RRJE) $200,000 = 0 $30,000 1 IRR 1 1 IRR(1 + IRR)10 (1 + IRR)2, ol - $ 200,000 = 0 1 $30,000 1 IRR 1 (1+ IRR) 3 $200,000 = 0 $30,000 1 IRR - $200,000 = 0 IRR(1 + IRR)13 1 IRR(1 + IRR)13 1 IRR(1 + IRR)10 $30,000 1 IRR $200,000 = 0Step by Step Solution
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