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a firm with a 12.5 percent cost of capital is considering a project for this year's capital budget. The project's expected after-tax cash flows are

a firm with a 12.5 percent cost of capital is considering a project for this year's capital budget. The project's expected after-tax cash flows are as follows: Year 0: -$11,000, Year 1: $5,300, Year 2: $5,200, Year 3: $4,800, Year 4: $5,300. Calculate the project's internal rate of return (IRR).

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