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A project with an initial cost of $75,750 is expected to generate annual cash flows of $17,240 for the next 8 years. What is the

A project with an initial cost of $75,750 is expected to generate annual cash flows of $17,240 for the next 8 years. What is the project's internal rate of return?

Multiple Choice

16.95%

14.08%

15.64%

17.38%

14.86%

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