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What is the internal rate of return for the following set of cash flows? Year 0: initial capital investment of $45 million Year 1: net
What is the internal rate of return for the following set of cash flows?
Year 0: initial capital investment of $45 million
Year 1: net incremental cash flow of $2 million
Year 2: $8.0 million
Year 3: $11.5 million
Year 4: $15.0 million
Year 5: $18.0 million
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