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Problem:

An investment project requires an initial outlay of $100,000, and is expected to generate annual cash inflows of $28,000 for the next 5 years. (Round to the nearest tenth of the percentage)

Required:

Question: Determine the (internal Rate of Return) IRR for the project using a financial calculator.

Note: Please provide step by step solution.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91147688

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