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A project requires an initial investment of 350,000. It will have cash flows of $70,000 a year for the first 5 years. $60,000 per year

A project requires an initial investment of 350,000. It will have cash flows of $70,000 a year for the first 5 years. $60,000 per year for years 6 to 10, and $20,000 a year from years 11 to 20. What is the IRR of this project?

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