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Your employer is considering a project that will cost $680,000 today and it will return the following benefits for the next 5 years: $210,000, $135,000,
Your employer is considering a project that will cost $680,000 today and it will return the following benefits for the next 5 years: $210,000, $135,000, $87,500, $245,000 and $210,500. Calculate the internal rate of return for this project using the trial and error method. Is this project acceptable if your corporation has an 11% cost of capital?
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