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Business, 25.11.2021 06:40 majesticfart7736

Quick Sale Real Estate Company is planning to invest in a new development. The cost of the project will be $23 million and is expected to generate cash flows of $12,000,000, $11,000,000, and $8,000,000 over the next three years. The company's cost of capital is 17 percent. What is the internal rate of return on this project and should the project be accepted

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