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A project has a required return of 14.25 percent. The project's initial cost is $13,000 and its cash flows are: year 1 = $3,800, year
A project has a required return of 14.25 percent. The project's initial cost is $13,000 and its cash flows are: year 1 = $3,800, year 2 = $8,000, and year 3 = $5,000. What is the project's IRR
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