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Muscle Company is investing in a giant crane. It is expected to cost $8.3 million in initial investment, and it is expected to generate an

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Muscle Company is investing in a giant crane. It is expected to cost $8.3 million in initial investment, and it is expected to generate an end-of-year cash flow of $4.8 million each year for three years. Calculate the IRR. Multiple Choice 37.5 percent 33.6 percent 31.8 percent 30.0 percent

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