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Homework answers / question archive / A project has the following cash flows

A project has the following cash flows

Finance

A project has the following cash flows. What is the internal rate of return?

Year Cash Flow

0 --$46,000

1 11,269

2 18,220

3 15,950

4 13,560

A.

10.53 percent

B.

10.58 percent

C.

10.60 percent

D.

10.67 percent

E.

11.10 percent

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