You are considering building a shopping mall. The initial investment is $1.43 million. The cash...
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You are considering building a shopping mall. The initial investment is $1.43 million. The cash flows are $430,000 for year 1, $230,000 for year 2, $150,000 for year 3, and $170,000 for year 4. What is the internal rate of return (IRR) for the project? IRR= %
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