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Determine the projects rate of return

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Problem 1: Dons Corporation is planning a 15-year project with an initial investment of $2,500,000. The project will have $400,000 cash inflows per year in years 1-5; $200,000 cash inflows in years 6-10, and $40,000 cash inflows in years 11-15. Determine the projects rate of return.

Reference no: EM132946671

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