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Your firm is considering a food concession at a temporary stadium. The cash flow pattern is somewhat unusual since you must build a stand, operate
Your firm is considering a food concession at a temporary stadium. The cash flow pattern is somewhat unusual since you must build a stand, operate it for 2 years, and then tear down the stand and restore the site to its original condition. You estimate the net cash flows to be as follows: What is the approximate IRR of this project
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