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A project has an initial cost of $50,000, expected net cash inflows of $11,000 per year...

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Finance

A project has an initial cost of $50,000, expected net cashinflows of $11,000 per year for 9 years, and a cost of capital of11%. What is the project's IRR? Round your answer to two decimalplaces.

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Solution The projects IRR 163850    See Answer
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