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Find the internal rate of return (IRR) for the following project. The project requires an initial investment of $2,500 and the cash flows are $1,600
Find the internal rate of return (IRR) for the following project. The project requires an initial investment of $2,500 and the cash flows are $1,600 for 2 years. The IRR of the project is_____ % A. 18.16% B. 12.44% C. 13.78% D. 15.25% E. 21.93%
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