Question: Please solve it step by step with detailed explaintation. The Fargas Company invested $90,000 in a two-year project in which net cash inflows for the

Please solve it step by step with detailed explaintation.

Please solve it step by step with detailed explaintation. The Fargas Company

The Fargas Company invested $90,000 in a two-year project in which net cash inflows for the first year totaled $57,000. Assume that the cash flows for the year all occur on the last day of the year. If the internal rate of return was exactly 10%, the cash flow for the second year must have been without considering the effect of taxes): $33,000. $46,231. $36,300. 0 $30,562

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