Powers, Inc., has a project that requires an initial investment of $43,000 and has the following expected

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Powers, Inc., has a project that requires an initial investment of $43,000 and has the following expected stream of cash flows:

Year 1 ......$20,000

Year 2 ...... 30,000

Required

Use Excel to calculate the project’s internal rate of return.

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Managerial Accounting A Focus on Ethical Decision Making

ISBN: 978-0324663853

5th edition

Authors: Steve Jackson, Roby Sawyers, Greg Jenkins

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Question Posted: Mar 11, 2015 08:55 AM

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Powers, Inc., has a project that requires an initial investment of $43,000 and has the following expected

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Since the cash flows are unequal a financial calcu...View the full answer

Managerial Accounting A Focus on Ethical Decision Making

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