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What is the rate of return (IRR) of a project that will generate revenues of $40,000 at the end of every year for 8 years,
What is the rate of return (IRR) of a project that will generate revenues of $40,000 at the end of every year for 8 years, given the project will require an initial cash outlay today of $90,000 and another cash outlay of $80,000 in 6 years from today?
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SOLUTION Cash Flows Year 0 90000 initial cash outlay Year 15 40000 annual revenue Year 6 800...
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
