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4 February, 20:48

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?

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  1. 5 February, 00:39
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    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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