A project requires an initial investment of $ 5 5 . 0 9 million to buy new

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Question:

A project requires an initial investment of $

55.09

million to buy new equipment, and will provide after

-

tax cash flows of $

21

million per year for

4

years. What is the project's internal rate of return?

Posted Date: May 18, 2024 08:16 PM

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A project requires an initial investment of $ 5 5 . 0 9 million to buy new

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