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Business, 17.12.2019 01:31 Yasminl52899

Following is information on two alternative investments being considered by jolee company. the company requires a 10% return from its investments. project a project b initial investment $ (160,000 ) $ (105,000 ) expected net cash flows in year: 1 40,000 32,000 2 56,000 50,000 3 80,295 66,000 4 90,400 72,000 5 65,000 24,000 compute the internal rate of return for each of the projects using excel functions.

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