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A project has a total up - front cost of ( $ 7 0 0 ) . The cash flows are

A project has a total up-front cost of \(\$ 700\). The cash flows are \(\$ 200\) in the first year, \(\$ 350\) in the second year, and \(\$ 250\) in the third year. What's the IRR? If we require a 20 percent return, should we take this investment?

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