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You are the financial analyst for the Glad It's Finally Over Company. The director of capital budgeting has asked you to analyze a proposed capital
You are the financial analyst for the Glad It's Finally Over Company. The director of capital budgeting has asked you to analyze a proposed capital investment. The project has a cost of $35,000 and the cost of capital is 7.5%. The project's expected net cash flows are as follows: Year 10 Data for Problems 11 - 15 Expected Net Cash Flow ($35,000) $14,500 $11,000 $11,000 $5,000 2 The project's Internal Rate of Return is _96, (rounded to 2 decimal places)
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