Given
the following annual net cash flows, determine the IRR to the nearest
whole percent of a project with an initial outlay of $1,520.
YearNet Cash Flow
1$1,000
2$1,500
3$ 500
A. 48% B. 32% C. 28% D. 40%
YearNet Cash Flow
1$1,000
2$1,500
3$ 500
A. 48% B. 32% C. 28% D. 40%
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