You've done an ROI problem. You've done an NPV problem. It is IRR time. Here...
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You've done an ROI problem. You've done an NPV problem. It is IRR time. Here are two sets of cash flows. Select the IRRs for each of these cash flows. I used Excel to calculate the IRR and I set Excel to only show 2 decimal places. The answer choices I list below are exactly as Excel displayed it to me. Cash Flow 1: Casn rlow 2: 3.44% 6.20% 10.35% 25.73% 35.59% 29.28% 36.98% 26.80%
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