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What is the IRR of a $45,000 project that is expexted to have an after tax cash flow of $14,000 for the first two years,
What is the IRR of a $45,000 project that is expexted to have an after tax cash flow of $14,000 for the first two years, $10,000 for the next two years, and $8,000 for the fifth year? If the appropriate discount rate is 10%, is the project acceptable? Why? Please show work.
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Financial Risk Manager Handbook
Authors: Philippe Jorion, Global Association Of Risk Professionals
5th Edition
0470479612, 978-0470479612
