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Heckrwee rnIndustries is considering a project that would require an initial investment of $101,000. The project would result in cost savings of $62,000 in year

Heckrwee rnIndustries is considering a project that would require an initial investment of $101,000. The project would result in cost savings of $62,000 in year 1 and $70,000 in year two. What is the internal rate of return?

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