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The initial expenditure is equal to 1 000 000 000 $. The only positive cash flow will be equal to 1 065 000 000 $
The initial expenditure is equal to 1 000 000 000 $. The only positive cash flow will be equal to 1 065 000 000 $ in 15 years (at the beginning of the year). The internal rate of return will be equal to:
a.) 0.046%
b.)0.043%
c.)0.421%
d.)none of the above
e.)0.451%
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