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Independent Project B - IRR to be calculated. The lending rate is 10%. How is the IRR (internal rate of return calculated on this project
Time
Net Cash Flow
Cumulative Cash Flow
Year 0
Initial Investment
-52,000,000
Year 1
20,000,000
-32,000,000
Year 2
-12,000,000
Year 3
8,000,000
Year 4
28,000,000
"The greater part of international trade consists of an exchange of raw materials from developing nations for manufactured goods from developed nations."
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