Your company is evaluating a new project, and you've estimated that the cost of capital for the

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Your company is evaluating a new project, and you've estimated that the cost of capital for the project will be 8 percent. Assume that you have also projected the following cash flows for the project:

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What will this project's Internal Rate of Return (IRR) be?

a. 13.28%

b. 15.68%

c. 19.66%

d. 21.32%

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