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Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $763,200. Year 1: 159,000 Year 2:
Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $763,200. Year 1: 159,000 Year 2: 125,800 Year 3: 165,200 Year 4: 234,200 Year 5: 234,000 Round the answer to two decimal places in percentage form. (Write the percentage sign in the "units" box)
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