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29 Sep 2019
Problem 10-2
IRR
A project has an initial cost of $60,000, expected net cash inflows of $14,000 per year for 9 years, and a cost of capital of 11%. What is the project's IRR? Round your answer to two decimal places.
Problem 10-2
IRR
A project has an initial cost of $60,000, expected net cash inflows of $14,000 per year for 9 years, and a cost of capital of 11%. What is the project's IRR? Round your answer to two decimal places.
Casey DurganLv2
29 Sep 2019