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What is the internal rate of return for the following set of cash flows? Year 0: initial capital investment of $2.8 million Year 1: net
What is the internal rate of return for the following set of cash flows?
Year 0: initial capital investment of $2.8 million
Year 1: net incremental cash flow of $500,000
Year 2: $750,000
Year 3: $950,000
Year 4: $1.5 million
Year 5: $1.8 million
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