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Olive Company is considering a project that is estimated to cost $276,500 and provide annual net cash flows of $65,523 for the next five years.

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Olive Company is considering a project that is estimated to cost $276,500 and provide annual net cash flows of $65,523 for the next five years. Required: What is the internal rate of return for this project? Note: Round your answer to 2 decimal places

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