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If the cash flows for Project M are C 0 = -5,000; C 1 = +2000; C 2 = +4000; and C 3 = +3000,
If the cash flows for Project M are C0 = -5,000; C1 = +2000; C2 = +4000; and C3 = +3000, calculate the IRR for the project.
Multiple Choice
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21.14 percent
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23.33 percent
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19.18 percent
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33.55 percent
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