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A project will produce cash inflows of $3,200 every six months for 3 years with a final cash inflow of $5,700 six months after (three

A project will produce cash inflows of $3,200 every six months for 3 years with a final cash inflow of $5,700 six months after (three and a half years from now). The project's initial cost is $30,000. What is the internal rate of return of this project?

-8.3%

16.36%

26.86%

-3.69%

8.25%

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