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Mazin is trying to find the discount rate where the present value of cash inflows...

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Accounting

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Mazin is trying to find the discount rate where the present value of cash inflows and outflows become same. He got a project of making a feasibility report on a new venture. Mazin is providing consultancy services to the community as he just got his masters in project management. The businessman is thinking to invest RO 60,000 in an opportunity which will provide a cash flows of RO 8,000, RO 14,000, RO 22,000, RO 20,000 and RO 20,000 for the next 5 years. You are required to find the internal rate of return where the required rate of return is 9%. The businessman is also expecting some suggestions from you in order to generate finances

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