Question: Sooner Inc is considering a multi-year project that has an inital investment of $590,000 in 2022 . The future cash inflows from its project are
Sooner Inc is considering a multi-year project that has an inital investment of $590,000 in 2022 . The future cash inflows from its project are $100,000 every year from 2023 to 2025 and then $6,000 every year from 2026 to 2036 , respectively. What is the approximate IRR (\%) for this project
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