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A Company Is Planning on Investing the Following Monies

question 44

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A company is planning on investing the following monies. They spend Today -$26 000, Year 1 -$7000, Year 4 -$11 000, and Year 7 -$10 100. Their cash inflows are Years 1-3 inclusive + $12 000, Years 4-9 inclusive + $16 000. What is their IRR?

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Definitions:

Open Circulatory System

A type of circulatory system in which the blood bathes the tissues directly; characteristic of arthropods and many mollusks. Compare with closed circulatory system.

Arthropods

Invertebrate animals having an exoskeleton, a segmented body, and paired jointed appendages, including insects, arachnids, and crustaceans.

Exclusively Marine

Referring to organisms or features that are found only in the oceanic environment, not in fresh water or on land.

Chilopods

A class of arthropods known as centipedes, characterized by elongated bodies with a pair of legs per segmented body part.

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