Find the internal rate of return (IRR) for the following project The project requires an initial investment of $10,700 and provides 5 annual cash inflows of $29,700 Assume a cost of capital of 8 The IRR of the project is (Round to two decimal places )

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Find the internal rate of return (IRR) for the following project  The project requires an initial investment of $10,700 and provides 5 annual cash inflows of $29,700  Assume a cost of capital of 8   The IRR of the project is    (Round to two decimal places )

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Question

Find the internal rate of return (IRR) for the following project. The project requires an initial investment of $10,700 and provides 5 annual cash inflows

Find the internal rate of return (IRR) for the following project. The project requires an initial investment of $10,700 and provides 5 annual cash inflows of $29,700. Assume a cost of capital of 8%. The IRR of the project is %. (Round to two decimal places.)

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