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A project has the following cash flows. What is the IRR? Year Cash Flow 0 -$ 285,500 1 111,700 2 130,300 3 145,400 a. 16.16

A project has the following cash flows. What is the IRR?

Year

Cash Flow

0

-$

285,500

1

111,700

2

130,300

3

145,400

a. 16.16 percent
b. 14.92 percent
c. 16.47 percent
d. 14.18 percent

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