Calculate IRR
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My company has an opportunity to make an investment of $100,000 that will return $33,000 in year 1, $38,000 in year 2, $43,000 in year 3, $48,000 in year 4, and $53,000 in year 5. My companyâ??s required return is 12%. What is the IRR and would it be acceptable or not?
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Solution Summary
The solution computes IRR with given data.
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