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A company is making an investment of $2,060,345 that will yield the following cash flows: Year 1 $232,300 Year 2 $408,400 Year 3 $613,600 Year

A company is making an investment of $2,060,345 that will yield the following cash flows:

Year 1 $232,300
Year 2 $408,400
Year 3 $613,600
Year 4 $887,100
Year 5 $1,041,924

What is the internal rate of return of the investment?

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