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Iron Works International is considering a project that will produce annual cash flows of $37,700, $46,400, $57,100, and $22,600 over the next four years, respectively.

Iron Works International is considering a project that will produce annual cash flows of $37,700, $46,400, $57,100, and $22,600 over the next four years, respectively. What is the internal rate of return if the project has an initial cost of $113,300?

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