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What is the internal rate of return of a project that has a net investment of $370,000 and net cashflows of $60,000 in year 1,$75000
What is the internal rate of return of a project that has a net investment of $370,000 and net cashflows of $60,000 in year 1,$75000 in year 2, and $85000 in year 3 through 8? a)15.5% b)13.6% c) 17.4% d) none of the above
plz answer with full explanation of calculation
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