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calculate IRR.

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(Querist)
17 May 2011 the project at hand required an initial investment of Rs.1000000 and it expected cash inflows at the end of the next four years in the amount of Rs.500000,400000,300000,100000.

cost of capital 12%.
calculate IRR & pay back period.
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Saurabh Saxena

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Saurabh Saxena (Expert)
18 May 2011 IRR=14.49
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