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Determine the internal rate of return for the following sequence of cash flows: Year Cash Flow 0 - $ 1 0 , 0 0 0

Determine the internal rate of return for the following sequence of cash flows:
Year Cash Flow
0-$10,000
1 $400.00
2 $800.00
3 $1,600.00
4 $3,200.00
5 $6,400.00
If the cost of capital is 5.75%, should you accept or reject this project?

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