Question: You are considering a project with an initial cash outlay of $5000 and expected free cash flows of $3000,3000,2000,3000,3000,3000 and $2000 at the end of
You are considering a project with an initial cash outlay of $5000 and expected free cash flows of $3000,3000,2000,3000,3000,3000 and $2000 at the end of each year for 7 years. What is internal rate of return (IRR) on this project?
Group of answer choices
66.9054 %
53.5244 %
40.1433 %
13.3811 %
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