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QUESTION
Please answer and explain. Thanks! Dice, Inc. is considering a project that has an initial outlay or cost of $70,000.
Please answer and explain. Thanks!
Dice, Inc. is considering a project that has an initial outlay or cost of $70,000. The project's only expected cash inflow is to occur in year 7 and be equal to $124,000. What is the IRR of this project?
