This problem is useful for testing the ability of financial calculators and computer software. Consider the following

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

Year _____________Cash Flow

0 ........................... -$1,512

1 .............................. 8,586

2 ........................... -18,210

3 ............................ 17,100

4 ............................. -6,000

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Fundamentals of corporate finance

ISBN: 978-0073382395

9th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Dec 16, 2016 01:53 PM

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This problem is useful for testing the ability of financial calculators and computer software. Consider the following

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Given data Annual cash flows Year 0 1512 Year 1 8...View the full answer

Fundamentals of corporate finance

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