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Cleo's Classy Cuts is considering a project with an initial cost of $112,000. The cash flows are as follows: Year 1 $39,000 Year 2 $47,700
Cleo's Classy Cuts is considering a project with an initial cost of $112,000. The cash flows are as follows:
Year 1 $39,000
Year 2 $47,700
Year 3 $58,400
Year 4 $23,900
What is the internal rate of return?
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