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A project will generate annual cash flows of $237,500 for each of the next three years, and a cash flow of $274,300 during the fourth
A project will generate annual cash flows of $237,500 for each of the next three years, and a cash flow of $274,300 during the fourth year. The initial cost of the project is $765,800. What is the internal rate of return of this project? Multiple Choice O 9.53% 11.61% 10.12% 8.93% 10.72%
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