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Project K requires an initial outlay at t = 0 of $85,000, its expected cash inflows are $42,000 for three years, and its WACC is

Project K requires an initial outlay at t = 0 of $85,000, its expected cash inflows are $42,000 for three years, and its WACC is 8%. The IRR (internal rate of return) for this project is:

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