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You are considering investing in a start up project at a cost of $4,500. You expect the project to return $2,300, $1,000, $960 and
You are considering investing in a start up project at a cost of $4,500. You expect the project to return $2,300, $1,000, $960 and $1,800 to you in the next four years. Given the cost of capital is 10%, what is the IRR of the project and your decision about investment? IRR: 14% and you accept the project IRR: 14% and you reject the project IRR: 28% and you reject the project IRR: 28% and you accept the project
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