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Lucas Enterprises is considering a project that will generate FCFs of $280,000 per year in Yr 1, 2 and 3 and FCF of $520,000 in
Lucas Enterprises is considering a project that will generate FCFs of $280,000 per year in Yr 1, 2 and 3 and FCF of $520,000 in Yr 4. What is the internal rate of return if the initial cost of the project is $800,000?
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