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Assume that Project 1, 2, and 3 you calculated the following cash flows for NYX Company: 0 1 2 3 4 5 6 7 OCF

Assume that Project 1, 2, and 3 you calculated the following cash flows for NYX Company:

0 1 2 3 4 5 6 7
OCF $ 16,050.00 $ 19,872.71 $ 18,526.53 $ 18,295.82 $ 19,719.40 $ 19,976.11 $ 20,276.83
Change in NWC $ (900.00) $ (27.00) $ (27.81) $ (28.64) $ (29.50) $ (30.39) $ (31.30) $ 1,074.65
Cap Ex $(100,000.00) $ 7,500.00

What is the IRR of the project?

Group of answer choices

12.61%

8.50%

-3.12%

13.53%

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