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Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $510,400. Year 1: 193,100 Year 2:

Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $510,400.

Year 1: 193,100

Year 2: 187,100

Year 3: 166,500

Year 4: 198,600

Year 5: 174,300

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