The net present value of a proposed project is a positive $56,000 at a discount rate of
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Question:
The net present value of a proposed project is a positive $56,000 at a discount rate of 10% and a negative $28,000 at 20%.
What is the internal rate of return of the project, to the nearest whole percentage?
Expert Answer:
Heres how to find the internal rate of return IRR of the project 1 Define the scenario We have ... View the full answer
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