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A project has the following cash flows. What is the internal rate of return? Year Cash Flow 0 , - $ 1 1 1 ,

A project has the following cash flows. What is the internal rate of return?
Year Cash Flow
0,-$111,000
1,49,650
2,52,300
3,36,450
13.68 percent
15.17 percent
12.53 percent
13.41 percent
13.15 percent
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