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( IRR calculation ) Determine the internal rate of return on the following project: An initial outlay of $ 9 , 0 0 0 resulting

(IRR calculation)Determine the internal
rate of return on the followingproject: An initial outlay of
$9,000 resulting in a cash inflow of $2,022 at the end of each
year for the next 9 years.The internal rate of return of the project is(
)%(Round to the nearest wholepercent.)

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