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majarm majarm
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4 years ago
A company spends $117 500 today and has positive cash inflows of $34 000 for each of the next 6 years. What is the Internal Rate of Return (IRR)?
A) 14.87%
B) 18.47%
C) 17.48%
D) 16.84%
E) 15.87%
Textbook 

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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josanjosan
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Posts: 354
4 years ago
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wrote...
A year ago
good thank you for the help
wrote...
A month ago
thank you
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Staff Member
A month ago
I updated the answer so that it also has the solution!
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