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A project is expected to cost $161,000 today and earn $349,000 in year 4. There are no other cash flows. Cost of capital is 9.3%.

A project is expected to cost $161,000 today and earn $349,000 in year 4. There are no other cash flows. Cost of capital is 9.3%. What is this project's internal rate of return? Answer in percent, rounded to one decimal place.

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