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An investment of $137417is expected to generate an after-tax cash flow of $92000in one year and another $109000in two years. The cost of capital is
An investment of $137417is expected to generate an after-tax cash flow of $92000in one year and another $109000in two years. The cost of capital is 10 percent. What is the internal rate of return?
a. 28.22percent
b. 28.02percent
c. 28.42percent
d. 28.62percent
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