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A project has an initial cost of $49,700 and is expected to produce cash inflows of $18,300, $26,400, and $43,700 over the next 3 years,
A project has an initial cost of $49,700 and is expected to produce cash inflows of $18,300, $26,400, and $43,700 over the next 3 years, respectively. What is the project's internal rate of return? Multiple Choice 0 24.15 percent 29.86 percent 22.09 percent 31.48 percent
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