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Paragraph Format: Ford Motor Company is analyzing its investment in a new assembly line. The initial investment for the assembly line is $10 million.
- Paragraph Format: Ford Motor Company is analyzing its investment in a new assembly line. The initial investment for the assembly line is $10 million. Over the next five years, the assembly line is expected to generate annual cash flows of $3 million. Calculate the internal rate of return (IRR) for the investment in the assembly line and discuss the significance of the IRR results in evaluating the project's financial viability.
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