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  3. 12. using key formula #2 (see handout #2), what wo

12. Using Key Formula #2 (see Handout #2), what would be the internal rate of...

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Accounting

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12. Using Key Formula #2 (see Handout #2), what would be the internal rate of return (IRR) for a $244,605 investment that provides a $22,000 annual benefit (i.e. annuity) for 15 years? Show your work below and attach an Excel IRR template printout (ie. Handout #3) to the end of this quiz to prove your analysis. a-2% or less b.-4% C. ~690 d. ~890 e, ~10% or higher

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