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Chronic Pain Clinic has estimated the following cash flows associated with a new project. The project cost of capital (discount rate) is 10 percent. Year

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Chronic Pain Clinic has estimated the following cash flows associated with a new project. The project cost of capital (discount rate) is 10 percent. Year 0: ($800,000) Year 1: $400,000 Year 2: $400,000 Year 3: $400,000 What is the project's internal rate of return? A. 18.5 percent O B. 19.9 percent C. 20.4 percent O D. 21.8 percent O E. 23.4 percent Reset Selection

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