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Calculate the IRR for the cash flows

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Question - Calculate the IRR for the cash flows of the following two projects at DP Dough restaurant, required rate of return is 11%:

Year

Project 1

Project 2

0

-$7,300

-$4,343

1

3,940

2,170

2

3,450

2,210

3

2,480

1,730

Which project should be accepted?

Reference no: EM132946105

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