Find internal rate of return of a project with initial cost
Find internal rate of return of a project with an initial cost of $43,000, expected net cash inflows of $9,550 per year for 8 years, and a cost of capital of 11.35%.
Answer is either: a). 13.56% b). 14.90% c). 14.75% d). 11.77% e). 15.94%
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