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Calculate the internal rate of return for the following project, expressed as a percentage rounded to one decimal place (xx.x96): Initial Investment (cash outflow) $60,000

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Calculate the internal rate of return for the following project, expressed as a percentage rounded to one decimal place (xx.x96): Initial Investment (cash outflow) $60,000 Net cash inflow at end of year 1 $20,000 Net cash inflow at end of year 2 $40,000 Net cash inflow at end of year 2 $20.000

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