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Jolly Investors Inc. has estimated the following for an investment opportunity: The project is expected to yield cash inflows of $15,000 annually for five years

Jolly Investors Inc. has estimated the following for an investment opportunity: The project is expected to yield cash inflows of $15,000 annually for five years with an initial cash outflow of $50,000. Assume a 10% cost of capital. What is the IRR? Additionally, what is your decision on whether to invest, based on the projects IRR?

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