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  3. suppose that the external rate of return (err) of

Suppose that the External Rate of Return (ERR) of an investment project that generates net...

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Finance

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Suppose that the External Rate of Return (ERR) of an investment project that generates net annual revenues of 50,000 TL each year for 8 years is 12% when the external rate (E) is 5%. a) What is the initial investment amount for this project (7 points)? b) Compute the IRR of this project using interpolation. (11 points)

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