Business, 19.06.2020 19:57 dounutalien

A research division of a large consumer electronics company has developed a new type of mp3 player. The project will require an immediate cash outflow of $1,665,321. The new project is expected to produce cash flows of $500,000 per year for 4 consecutive years beginning at the end of year one. What is this projects internal rate of return

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A research division of a large consumer electronics company has developed a new type of mp3 player....