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What is the internal rate of return withan initial outlay of $9,000 resulting in single cash inflow of $15,424 in 7 years. Jella cosmetics is
What is the internal rate of return withan initial outlay of $9,000 resulting in single cash inflow of $15,424 in 7 years.
Jella cosmetics is considering a project that costs $750,000 and is expectedto last for 9 years and produce future cash flows of $180,000 per year. If the appropriate discount rate for this project is 17 percent, what is the projects IRR?
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