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You are considering the investment of $102,000 (today) in a lemonade stand. Also, you expect the stand to generate the following future cash flows: At
You are considering the investment of $102,000 (today) in a lemonade stand.
Also, you expect the stand to generate the following future cash flows:
- At the end of year 1: $0
- At the end of year 2: $0
- At the end of year 3: $0
- At the end of year 4: $210,000
What is the IRR (Internal Rate of Return) of this project?
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Stocks Bonds And Taxes A Comprehensive Handbook And Investment Guide For Everybody
Authors: Phillip B. Chute
1st Edition
1732885532, 978-1732885530
