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A project has the expected cash flows below, what is the internal rate of return? Time Period Cash Flow 0 -1500 1 400 2 500

A project has the expected cash flows below, what is the internal rate of return?

Time Period Cash Flow
0 -1500
1 400
2 500
3 600
4 300
5 200

a) 12.20%?

b) 10.49%?

c) 11.61%?

d) 14.40%?

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