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2 ) Find the IRR of the project with an initial investment outlay of $ 1 1 4 , 6 0 0 and the following

2) Find the IRR of the project with an initial investment outlay of $114,600 and the
following cash flows in years 1 through 3, respectively: $35,900, $50,800, $45,000.
a.6.42%
b.7.03%
c.7.48%
d.8.22%
e.8.56%

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