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What is the internal rate of return (IRR) of a project that costs $45,000 if it is expected to generate $15,047 per year for five years?
What is the internal rate of return (IRR) of a project that costs $45,000 if it is expected to generate $15,047 per year for five years?
Question: What is the internal rate of return (IRR) of a project that costs $45,000 if it is expected to generate $15,047 per year for five years?Solution: Year012345 Cash Flows($45,000)...