Your firm has a cost of capital of 12% and is considering a project that...
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Your firm has a cost of capital of 12% and is considering a project that costs $11,000 today and generates cash flows of $4,440 a year for 5 years. The first cash flow occurs one year from now. What is the project's IRR?
Answer: 29.11%. Please show how to arrive to this answer.
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You can see the logs in the Dashboard.