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Problem:

A project has an initial cost of $52,125, expected net cash inflows of $12,000 per year for 8 years, and a cost of capital of 12%.

Required:

Question: What is the project's IRR?

Note: Please describe comprehensively and provide step by step solution.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91147644

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