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Determine the rate of return over eight years on a project

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Problem 1: Find the Rate of Return (IRR-Ch 16.3) over 8 years on a project that cost $250,000 today and $100,000 in 3 years, but will return a net income $70,000 at the end of the year for 8 years. Further, there will be a special cash inflow of $50,000 at the end of year 8.

Reference no: EM132761558

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