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A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows:-$25,000 today (t=0); $11,000 after

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A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows:-$25,000 today (t=0); $11,000 after one year (t=1), 17,000 after two years (t=2); and 10,000 after three years (t=3). What is the Internal Rate of Return ("IRR) for this project? 24.46% 21.04% 26.68% 29.15% 23.41%

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