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Joon.com is considering two projects given below: The two projects have the same payback. What is Project 2s internal rate of return (IRR)? Year Project

Joon.com is considering two projects given below:

The two projects have the same payback. What is Project 2s internal rate of return (IRR)?

Year Project 1 Project 2
Cash Flow Cash Flow
0 -$100 ?
1 30 40
2 50 80
3 40 60
4 50 60

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