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A project has a NPV of +40,000 dollars at the interest rate of 6%. A NPV of -20,...
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A project has a NPV of +40,000 dollars at the interest rate of 6%. A NPV of -20,000 dollars is realised at an interest rate of 8%. What is the IRR when calculated using the linear interpolation method? Select the best answer from the options listed below.
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