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Thomas?s Tank Engines is considering a project that will cost $1.2 million to start.

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Thomas?s Tank Engines is considering a project that will cost $1.2 million to start. The project is expected to produce cash flows starting in year 2 of $269,000 a year for the following six years. What is the internal rate of return on this project?

 

Paper#32732 | Written in 18-Jul-2015

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