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Using a discount rate (required rate of return) of 10%, which is appropriate for projects of similar risk, you determined that the NPV of the
Using a discount rate (required rate of return) of 10%, which is appropriate for projects of similar risk, you determined that the NPV of the project with a cash outflow of $5,000 in year 0, followed by positive cash flows of $1,000 in several of the subsequent years is around $335. The IRR of this project is
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