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A company is considering a project that requires an initial cash outlay of $ 1 , 5 0 0 , 0 0 0 . The
A company is considering a project that requires an initial cash outlay of $ The project is expected to generate operating cash flows of $ in the first year, $ in the second year, $ in the third year, $ in the fourth year, and $ in the fifth year. Calculate the internal rate of return IRR for the project.
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