Question: solve this using excel Kirklin Clinic is evaluating a project that costs $70,000 and has expected net cash inflows of $8,000 per year for nine
Kirklin Clinic is evaluating a project that costs $70,000 and has expected net cash inflows of $8,000 per year for nine years. The first inflow occurs one year after the cost outflow, and the project has a cost of capital of 11%. What is the project's IRR? (hint: remember to put the answer as a percentage)
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