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Irr for the project using a financial calculator

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Reference no: EM131928174

An investment project requires an initial outlay of $100,000, and is expected to generate annual cash inflows of $28,000 for the next 5 years. (round to the nearest tenth of the percentage) Determine the (Internal Rate of Return) IRR for the project using a financial calculator

  • 12.0%
  • 3.6%
  • 12.6%
  • 12.4%

Reference no: EM131928174

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