A project has an initial cost of 2925 expected net cash
A project has an initial cost of $2,925, expected net cash inflows of $1,325 per year for 5 years, and a cost of capital of 11.30%. What is the project's IRR? Answer is either: a).40.26% b).35.31% c).30.37% d).40.96% e).33.19%
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