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A project has the following incremental cash flows for years zero, through year 3, respectively: -$2,000, $800, $700, and $700. Is 11% the IRR of

A project has the following incremental cash flows for years zero, through year 3, respectively: -$2,000, $800, $700, and $700. Is 11% the IRR of this project? If not, is where is the IRR compared to 11%?

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