Question: Using the following data: Initial Investment = $10,000,000 Cash Inflow Year 1 = $3,000,000 Cash Inflow Year 2 = $3,500,000
Using the following data:
• Initial Investment = $10,000,000
• Cash Inflow – Year 1 = $3,000,000
• Cash Inflow – Year 2 = $3,500,000
• Cash Inflow – Year 3 = $4,000,000
• Cash Inflow – Year 4 = $4,900,000
• Cash Inflow – Year 5 = $5,000,000
Calculate the Internal Rate of Return
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