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Bruges Industries is considering a project with an initial cost of $214,758 and with the following incremental after-tax cash inflows: Year 1, $65,079; Year 2,
Bruges Industries is considering a project with an initial cost of $214,758 and with the following incremental after-tax cash inflows: Year 1, $65,079; Year 2, $79,532; and Year 3, $108,741. What is the internal rate of return (IRR) of this project?
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