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5. A proposed project will cost $72,000 and is projected to return $18,500 in cash flows annually for 5 years. What is the project's IRR?

5. A proposed project will cost $72,000 and is projected to return $18,500 in cash flows annually for 5 years. What is the project's IRR? a. 8.98% b. 7.95% C. 9.48% d. 10.12%

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