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Calculate the IRR for the following projects with a discount rate of 12%: Project 2 costs $200,000 and earns $150,000 in the first year, and
Calculate the IRR for the following projects with a discount rate of 12%: Project 2 costs $200,000 and earns $150,000 in the first year, and then $75,000 for each of the next two years.
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