Given the following end of year cash flows, what is the IRR of this project?...
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Accounting
Given the following end of year cash flows, what is the IRR of this project? Also assume that following year four the cash flows will grow by 3% in perpetuity. Enter your answer as a percent without the %; round your final answer to two decimals.
Timeline
0
1
2
3
4
Cash Flow
-4000
200
350
400
500
Answer & Explanation
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