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A firm is considering a project that is expected to generate monthly cash flows of S1600 for the next 20 years. The project requires an

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A firm is considering a project that is expected to generate monthly cash flows of S1600 for the next 20 years. The project requires an initial investment of S1,190 949.47. The cost of capital is 8.57%. What is the IRR of the project? 15.82 16.7456 14.75 O 15.36%

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