Question: Maxwell feed and seed is considering a project that has an initial cash outflow of $7000. Expected cash inflows are $2,000 a year 1, $2,025
Maxwell feed and seed is considering a project that has an initial cash outflow of $7000. Expected cash inflows are $2,000 a year 1, $2,025 in year 2, $2,050 in year 3, $2,075 in year 4 and $2100 in year 5. what is the projects IRR ?
round 2 decimal places
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