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Problem:

Diamond Enterprises is considering a project that will produce cash inflows of 238,000 a year for three years followed by 149,000 in year four.

Requirement:

Question: What is the internal rate of return if the initial cost of the project is $749,000.

Note: Please show how to work it out.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91173651

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