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(6) A firm is considering a project that is expected to generate annual cash flows of $10,000 for 20 years. The project requires an initial

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(6) A firm is considering a project that is expected to generate annual cash flows of $10,000 for 20 years. The project requires an initial investment of $124,833.71. The cost of capital is 5.98%, what is the IRR of the project? 4.48% 4.78% 5.43% 4.98% 5.33%

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