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Microwave oven programming inc is considering the construction of a new plant. The plant will have an initial cash outlay of $5.8 million (= -5.8 million) and will produce cash flows of 2.1 million at the end of year 1, $4,9 million at the end of year 2, and $1.5 million at the end of years 3 through 5. What is the internal rate of return on this new plant?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91265960

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