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Intro A project requires an initial investment of $39.97 million to buy new equipment, and will provide after- tax cash flows of $16 million per

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Intro A project requires an initial investment of $39.97 million to buy new equipment, and will provide after- tax cash flows of $16 million per year for 4 years. Part 1 |Attempt 1/3 for 10 pts. What is the project's internal rate of return? 3+ decimals Submit

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