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flows given in the table below. What is the IRR of the project? (Use percent format and give two decimal places.) Year 0: -$12,000 Year 1:-$3,000 Year 2: $2,000 Year 3: $6,000 Year 4: $6,000 Year 5: $6,000 Year 6:-$2,000 Year 7: $6,000 Year 8: $6,000 Year 9: $6,000 Year 10: $6,000 Typed numeric answer will be automatically saved. 20.33

flows given in the table below. What is the IRR of the project? (Use percent format and give two decimal places.) Year 0: -$12,000 Year 1:-$3,000 Year 2: $2,000 Year 3: $6,000 Year 4: $6,000 Year 5: $6,000 Year 6:-$2,000 Year 7: $6,000 Year 8: $6,000 Year 9: $6,000 Year 10: $6,000 Typed numeric answer will be automatically saved. 20.33

Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter22: Inflation
Section: Chapter Questions
Problem 18RQ: What is deflation?
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flows given in the table below. What is the IRR of the project? (Use percent format and give two decimal places.) Year 0: -$12,000 Year 1:-$3,000 Year 2: $2,000 Year 3: $6,000 Year 4: $6,000 Year 5: $6,000 Year 6:-$2,000 Year 7: $6,000 Year 8: $6,000 Year 9: $6,000 Year 10: $6,000 Typed numeric answer will be automatically saved. 20.33
Transcribed Image Text:flows given in the table below. What is the IRR of the project? (Use percent format and give two decimal places.) Year 0: -$12,000 Year 1:-$3,000 Year 2: $2,000 Year 3: $6,000 Year 4: $6,000 Year 5: $6,000 Year 6:-$2,000 Year 7: $6,000 Year 8: $6,000 Year 9: $6,000 Year 10: $6,000 Typed numeric answer will be automatically saved. 20.33
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