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ELINTCIO is considering a project that has the following cash flow data. The projects risk-adjusted cost of capital is 7.56 percent. What is the projects

ELINTCIO is considering a project that has the following cash flow data. The projects risk-adjusted cost of capital is 7.56 percent. What is the projects internal rate of return (IRR)?

Year: 0 1 2 3

Cash Flows: -$1,000 $450 $520 $490

Please do not use excel. Show step by step calculation.

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