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Mathematics, 10.05.2021 19:50 byrdkellykellybyrd

Project A requires an initial outlay of $20,000 and promises a profit of $6,000 after 4 years. Project B requires an initial outlay of $18,000 and it will yield $24,000 after 4 years
Find the IRR of project A
Which project would you invest in if the nominal market rate is 9% compounded annually?​

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