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An investment project requires an initial outlay of $100,000 and is expected to generate cash flow of $28,000 for the next 5 years. (round to

An investment project requires an initial outlay of $100,000 and is expected to generate cash flow of $28,000 for the next 5 years. (round to the nearest tenth of the percentage). Determine the (internal rate of return) IPR for the project using financial calculator

  • 12%
  • 3.6%
  • 12.6%
  • 12.4%

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