This problem is useful for testing the ability of financial calculators and spreadsheets. Consider the following cash

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This problem is useful for testing the ability of financial calculators and spreadsheets. Consider the following cash flows. How many different IRRs are there? When should we take this project?

Year Cash Flow

0-$ 3,024

117,172

2-36,420

3-34,200

4-12,000

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Fundamentals of corporate finance

ISBN: 978-0078034633

10th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Mar 13, 2014 08:07 AM

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This problem is useful for testing the ability of financial calculators and spreadsheets. Consider the following cash

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Input area Annual cash flows Year 0 3024 Year 1 171...View the full answer

Fundamentals of corporate finance

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