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IRR PROBLEM Project X requires $250,000 in funding and is expected to generate $100,000 cash inflows the first year and grow by $50,000 for each

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IRR PROBLEM Project X requires $250,000 in funding and is expected to generate $100,000 cash inflows the first year and grow by $50,000 for each of the next four years. Calculate appropriate IRR. 3-17

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