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What is the internal rate of return (IRR) of a project that has the following cash flows? The required return is 10.0%. Year Cash Flow
What is the internal rate of return (IRR) of a project that has the following cash flows? The required return is 10.0%.
| Year | Cash Flow |
| 0 | $ (12,000) |
| 1 | $ 3,000 |
| 2 | $ 3,000 |
| 3 | $ 3,000 |
| 4 | $ 3,000 |
| 5 | $ 3,000 |
| 6 | $ 3,000 |
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Managerial Accounting
Authors: Karen W. Braun, Wendy M. Tietz
7th Edition
0137858515, 9780137858514
