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A project with an initial cost of $50,100 is expected to generate the following cash flows: Year Cash Flow 1 $10,200 2 $18,750 3 $13,300

A project with an initial cost of $50,100 is expected to generate the following cash flows:

Year Cash Flow
1 $10,200
2 $18,750
3 $13,300
4 $13,520
5 $7,400

What is the project's internal rate of return?

IRR = %

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