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Problem 7 Intro A project requires an initial investment of $61.27 million to buy new equipment, and will provide after-tax cash flows of $23 million

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Problem 7 Intro A project requires an initial investment of $61.27 million to buy new equipment, and will provide after-tax cash flows of $23 million per year for 4 years. Part 1 I B P Attempt 1/10 for 10 pts. What is the project's internal rate of return? 3+ decimals Submit

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