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Business, 13.09.2019 02:30 galaalexa

As a capital budgeting director for abc company, you are evaluating the construction of a new plant. the plant has a net cost of $5 million in year 0, and it will provide net cash inflows of $1 million in year 1, $1.5 million in year 2, and $2 million ib years 3 through 5. as a first approximation, you may assume that all cash flows occur at year-end. within what range is the plant’s irr?

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