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Determine whether the IRR for a project with the following cash flows is about 9% or 13% if its cost

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Determine whether the IRR for a project with the following cash flows is about 9% or 13% if its cost is $13,058,741.  

Period  of four, cash flow: 

Year 1 $2,200,000, 

Year 2 $2,400,000, 

Year 3 $8,100,000, 

Year 4  $5,900,000

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Here is the calculation Initial investment 13 058 741 Cash flow in year View the full answer


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Related Book For  answer-question
College Algebra

College Algebra

ISBN: 978-0134697024

12th edition

Authors: Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels

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Question Details
Chapter # 5
Section: Exercises 5.3
Problem: 56
Posted Date: September 09, 2023 00:30:07
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