Question: Dons Corporation is planning a 15-year project with an initial investment of $2,500,000. The project will have $400,000 cash inflows per year in years 1-5;
Dons Corporation is planning a 15-year project with an initial investment of $2,500,000. The project will have $400,000 cash inflows per year in years 1-5; $200,000 cash inflows in years 6-10, and $40,000 cash inflows in years 11-15. Determine the projects rate of return.
In answering these questions, you must explain to me briefly how you come to your results/conclusions. When you are using the financial calculator, make sure you list the keys you have used in proper sequence.
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