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Business, 06.12.2019 17:31 masie03

Diamond enterprises is considering a project that will produce cash inflows of $41,650 a year for three years followed by $49,000 in year 4. what is the internal rate of return if the initial cost of the project is $219,000?

9.43 percent
8.29 percent
7.81 percent
8.42 percent
7.55 percent

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