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The North Pole Company is considering a project that will make its snow covered airport strip easier to land on. You expect that this project
The North Pole Company is considering a project that will make its snow covered airport strip easier to land on. You expect that this project for the North Pole Company will produce annual cash flows of $37,000. $45,700, $56,400, and $21.900 over the next four years, respectively. What is the internal rate of return if the project has an initial cost of $114,000
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