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Calculate the Internal Rate of Return (IRR) on the following cash flows: End of year Cash flows $3,000 0 1 $500 2 $1,500 3 $2,000

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Calculate the Internal Rate of Return (IRR) on the following cash flows: End of year Cash flows $3,000 0 1 $500 2 $1,500 3 $2,000 Present your answer in percentage with 2 decimal places (excluding the % symbol). e.g. 12.34

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