A new project proposal involves an initial investment of $10 million, followed by cash flows of 2,
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A new project proposal involves an initial investment of $10 million, followed by cash flows of 2, 5 and 7 million. What is the IRR for this project?
Related Book For
Corporate Finance Core Principles and Applications
ISBN: 978-1259289903
5th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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