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Determine the internal rate of return on the following project: An initial outlay of $9,500 resulting in a cash inflow of $2,100 at the end
Determine the internal rate of return on the following project: An initial outlay of $9,500 resulting in a cash inflow of $2,100 at the end of year 1, $5,100 at the end of year 2, and $7,800 at the end of year 3.
This project's internal rate of return is
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