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A company is considering investing in a project that costs $70,000, has an expected useful life of 3 years, a salvage value of 0, and

A company is considering investing in a project that costs $70,000, has an expected useful life of 3 years, a salvage value of 0, and will increase net annual cash flows by $28,650. The approximate internal rate of return on this project is Group of answer choices

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