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A firm evaluates all of its projects by applying the IRR rule. Year, Cash Flow 0 -$180,000 1 $50,000 2 $80,000 3 $70,000 What is

A firm evaluates all of its projects by applying the IRR rule.

Year, Cash Flow

0 -$180,000

1 $50,000

2 $80,000

3 $70,000

What is the project's IRR?

Group of answer choices 11.39% 8.14% 5.18% 9.73% 6.63%

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