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Project A has an initial cost of $20,000 and cash flows of $8,200 each year for 3 years. Project B has an initial cost of

Project A has an initial cost of $20,000 and cash flows of $8,200 each year for 3 years. Project B has an initial cost of $31,000 and cash flows of $12,500 each year for 3 years. What is the incremental IRR?

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