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A company is making an investment of $2,437,491 that will yield the following cash flows: Year 1 $252,000 Year 2 $438,000 Year 3 $649,000 Year
A company is making an investment of $2,437,491 that will yield the following cash flows: Year 1 $252,000 Year 2 $438,000 Year 3 $649,000 Year 4 $870,000 Year 5 $1,108,000 What is the internal rate of return of the investment?
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