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Mart is looking to expand an existing project. The expansion requires an immediate investment of $98 million. S. Miller anticipates that the project will generate one future cash flow of $150 million that will arrive at the end of year 5, and only in that year. The company considers the required rate of return of the project to be 9%

Calculate the project's internal rate of return

Financial Management, Finance

  • Category:- Financial Management
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