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Compute the internal rate of return for the cash flows of the following two projects (Do not round intermediate calculations. Enter your answers as a
Compute the internal rate of return for the cash flows of the following two projects (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.): |
Year | Project A | Project B | ||
0 | $ | 11,300 | $ | 8,900 |
1 | 4,400 | 2,400 | ||
2 | 5,200 | 6,500 | ||
3 | 4,000 | 3,600 | ||
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