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Company VVV is considering a project that will require an initial investment of $500,000 and will generate cash flows of $100,000 per year for 5

Company VVV is considering a project that will require an initial investment of $500,000 and will generate cash flows of $100,000 per year for 5 years. Calculate the project's internal rate of return (IRR). Explain the internal rate of return (IRR) as a capital budgeting technique for evaluating the profitability of an investment project, indicating the discount rate that results in a net present value of zero. Discuss the significance of IRR in investment decision-making and its implications for project feasibility.

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