Consider the investment project with the following net cash flows: [End of Year (n) Net Cash Flow

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Consider the investment project with the following net cash flows:

[End of Year (n)                                          Net Cash Flow

0………………………………………..........-$12,000

1……………………………………….............$2,500

2……………………………………….............$5,500

3……………………………………....................….X

4……………………………………….....................X

What would be the value of X if the project’s IRR is 25%?

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