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What is the irr of the project described

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Question - Suppose a project has up-front costs of $10,300. In its first year it earns a revenue of $7000 which falls by $1000 each year. The project is 4 years long so the revenue in the final year is $4000. The MARR is 11%. What is the IRR of the project described?

Reference no: EM132793045

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