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In years 0 , 1 , 2 , 3 , and 4 , a project has the following cash flows: - $ 3 , 0

In years 0,1,2,3, and 4, a project has the following cash flows: -$3,000; 1,000; 1,000; 1,000; 1,000. The firm's cost of capital is 10 percent. What is the project's internal rate of return?
13%
12%
12.59%
12.2%
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