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Determine irr for which is specified to use discount rates

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Question 1: Consider investing in a mine that has 20 cash investments of 25,000 annually, the investment in year 0 is 500,000 and the salvage value is 20,000. It is considered that the capital cost is 10%. Graphically determine the IRR, for which it is specified to use at least 4 different discount rates, and check that your result is correct.

Reference no: EM132532506

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