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A firm is considering a project that has a cost of $600,000. The cash flows over the four-year life of the project are projected to

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A firm is considering a project that has a cost of $600,000. The cash flows over the four-year life of the project are projected to be $230,000, $240,000, $215,000, and $165,000, respectively. At what rate would the firm be indifferent to undertaking this project? O 21.24% O 18.30% O 24.46% O 16.48% 0 28.17%

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