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Microwave Oven Programming Inc. is considering of a new plant. The plant will have an...

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Accounting

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Microwave Oven Programming Inc. is considering of a new plant. The plant will have an initial cash outlay of $12 million, and will produce cash flows of $4 million at the end of year 2, and $3 million at the end of years of years 3 through 5. What is the internal rate of return on this new plant? The internal rate of return on this new plant is

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