Clement plc is evaluating three investment projects, whose expected cash flows were given in Table 6.4. Calculate

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Clement plc is evaluating three investment projects, whose expected cash flows were given in Table 6.4. Calculate the internal rate of return for each project. If Clement’s cost of capital is 10 per cent, which project should be selected?


Table 6.4 Three investment projects with different cash-flow profiles to illustrate calculating net present 


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