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Homework answers / question archive / A real estate investment is available at an initial cash outlay of $10,000, and is expected to yield cash flows of $3,343 per year for five years

A real estate investment is available at an initial cash outlay of $10,000, and is expected to yield cash flows of $3,343 per year for five years

Finance

A real estate investment is available at an initial cash outlay of $10,000, and is expected to yield cash flows of $3,343 per year for five years. What is the internal rate of return (IRR)?

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