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The dry dock is considering a project with an initial cost of $118,400. the project's cash inflows for years 1 through 3 are $37,200, $54,600, and $46,900, respectively. what is the irr of this project?

Respuesta :

The answer is "8.04 percent".

Input into the CF Function: CF0 = -118,400,
CF1=37,200
CF2=54,600
CF3=46,900
Press IRR then CPT to get IRR=8.04

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