The Dry Dock is considering a project with an initial cost of $118,400. The project's cash inflows

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The Dry Dock is considering a project with an initial cost of $118,400. The project's cash inflows for years 1 through 3 are $37,200, $54,600, and $46,900, respectively. What is the IRR of this project?

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Intermediate Financial Management

ISBN: 978-1285850030

12th edition

Authors: Eugene F. Brigham, Phillip R. Daves

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Question Posted: Feb 15, 2018 07:39 AM

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The Dry Dock is considering a project with an initial cost of $118,400. The project's cash inflows

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Calculate the IRR 0 Initial investm...View the full answer

Intermediate Financial Management

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