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Glades Thread Company is evaluating an investment that will cost $720,000 and will yield cash flows of $230,000 in the first year, $320,000 in the second year, and $360,000 in the third and the final year. Use the table below and determine the internal rate of return. Present value of $1: The IRR of the project will be A. between 11% and 12% B. less than 10% C. less than 11% more than 10% D. more than 12%