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o What is the internal rate of return of a simple one-period project with an initial investment of $11,800 and an expected net cash flow

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o What is the internal rate of return of a simple one-period project with an initial investment of $11,800 and an expected net cash flow in one year $14,600? The intemal rate of return is %. (Round to one decimal place.) Enter your answer in the answer box

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