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Project X has a cost of $70,000 and provides the following annual earnings: year 1 $5,000; year 2 $25,000; year 3 $7,000; and year 4
Project X has a cost of $70,000 and provides the following annual earnings: year 1 $5,000; year 2 $25,000; year 3 $7,000; and year 4 $1,000. What is your internal rate of return?
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