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Q8) A project will cost (outflows) $280,000 today and $100,000 in 3 years from today....

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Q8) A project will cost (outflows) $280,000 today and $100,000 in 3 years from today. The net profit (cash inflow) generated from this project will be $70,000 at the end of the year for 9 years. Determine the rate of return compounded annually (IRR CPT-Ch 16.3) on this project. 14.27

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