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Given the following set of cash flows, for a capital budgeting project, what is the Internal Rate of Return (IRR) ? Initial Investment (I) =

Given the following set of cash flows, for a capital budgeting project, what is theInternal Rate of Return (IRR)?

Initial Investment (I) = $50,000

CF1= $25,500

CF2= $33,300

A. 8.44%

B. 17.60%

C. 11.00%

D.10.00%

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