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A project costing $ 1 0 2 , 0 0 0 initially should produce cash inflows of $ 5 4 , 0 0 0 per

A project costing $102,000 initially should produce cash inflows of $54,000 per year for six years. At the end of the six years, the project will be shut down and will be sold for an estimated net cash amount of $48,000. What is the internal rate of return?
18.58%
29.47%
35.98%
48.25%
50.42%

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