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a. Determine a present value factor for an annuity of $1, which can be used in determining the internal rate of return. If required, round

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a. Determine a present value factor for an annuity of $1, which can be used in determining the internal rate of return. If required, round your answer to three decimal places. b. Using the factor determined in part (a) and the present value of an annuity of $1 table above, determine the internal rate of return for the proposal. %

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