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Using the following information, calculate the internal rate of return for the investment. Mr. and Mrs. Green must spend $10,000 to purchase a new



Using the following information, calculate the internal rate of return for the investment. Mr. and Mrs. Green must spend $10,000 to purchase a new mechanical feeder. The feeder is expected to bring in $11,910 three years from now. What is the Internal Rate of Return on this investment (Hint: Use Appendix Table III? Using the information from Table 1 and a 6% IRR, find the modified internal rate of return (MIRR) for Investment B. Year Investment A Investment Investment C O-present $(100,000) $(100,000) $(100,000) 1 $20,000 $10,000 $50,000 2 $20,000 $20,000 $40,000 3 $20,000 $30,000 $30,000 4 $20,000 $40,000 $20,000 5 $20,000 $50,000 $10,000

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