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Compute the rate of return for project that has an initial cost of $40,000 and would provide positive cash flows of $6,000 the first year, $7,000 the second year, $8,000 the third year, $9.000 the fourth year, $I0,000 fifth year, and $11,000 the sixth year. 5.30% 7.46% 8.04 6.70%