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An investment of $152746 is expected to generate an after-tax cash flow of $111500 in one year and another $111000 in two years. The cost

An investment of $152746 is expected to generate an after-tax cash flow of $111500 in one year and another $111000 in two years. The cost of capital is 10 percent. What is the internal rate of return?

28.63 percent

29.23 percent

29.03 percent

28.83 percent

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