Determine the irr for this project

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A small company purchased now for $150.000 will lose $ 1000 each year for the first three years.

An additional $5,000 in the company in the third year will result in a profit of $25,000 each year from the fourth through the tenth year.

At the end of 10 years, the company can be sold for $100,000. MARR= 8%

a) Determine the IRR for this project.

b) Calculate the KRR when epsilon = 6%.

Reference no: EM131986642

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