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:
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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