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A project is expected to cost $10,000 and generate positive inflows equal to $3000 in year 1, $3240 in year 2, $3900 in year 3

A project is expected to cost $10,000 and generate positive inflows equal to $3000 in year 1, $3240 in year 2, $3900 in year 3 and $4000 in year 4. What is the internal rate of return for this 4 year project?

15.84%

16.75%

14.58%

15.29%

16.02%

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