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What is the difference in the Required Rate of Return and the Internal Rate of Return given the following information? Required Rate Return = 11%
What is the difference in the Required Rate of Return and the Internal Rate of Return given the following information?
Required Rate Return = 11%
Project Initial Cost = $3,000,000
Year 1 Cash Flow = $500,000
Year2 Cash Flow = $1,700,000
Year3 Cash Flow = $1,600,000
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