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What is the internal rate of return on an investment with the following cash flows? Year Cash Flow 0 $-103,000 1 38,400 2 48,100 3
What is the internal rate of return on an investment with the following cash flows?
Year Cash Flow
0 $-103,000
1 38,400
2 48,100
3 48,150
a.) 14.53 percent
b.) 8.50 percent
c.) 25.50 percent
d.) 43.58 percent
e.) 14.11 percent
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