Calculate the rate of return

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Question - A project has been in operation for 5 years, yielding the following annual cash flows:

Year

Cash Flow

0

-$103,000

1

102,700

2

-87,000

3

94,500

4

-8,300

5

38,500

Calculate the rate of return and state whether it has been an acceptable rate of return.

Reference no: EM132162253

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