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A project that is expected to generate annual cash flows of $30,000 for 11 years. The project requires an initial investment of $248,018.76. The cost

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A project that is expected to generate annual cash flows of $30,000 for 11 years. The project requires an initial investment of $248,018.76. The cost of capital is 6.13%. What is the IRR of the project? 4.89% 05.09% 5.4096 4.58% O 5.29%

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