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A project with an initial cost of $74,500 is expected to generate annual cash flows of $16,800 for the next 8 years. What is the

A project with an initial cost of $74,500 is expected to generate annual cash flows of $16,800 for the next 8 years. What is the project's internal rate of return?

16.64%

13.83%

15.36%

17.07%

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