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A project cost $1,000 and will result in cash flows of 117 per year for four years. In addition, the project will return $1,000 to

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A project cost $1,000 and will result in cash flows of 117 per year for four years. In addition, the project will return $1,000 to the investor at the end of the fourth year. The project's cost of capital is 8 percent. What is the project's internal rate of return? Record your answer as a decimal accurate to 4 decimal places

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