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Question 4 1 pts A project has an initial outlay of $1,000. The project will generate cash flows of $400 in Years 1-3 and

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Question 4 1 pts A project has an initial outlay of $1,000. The project will generate cash flows of $400 in Years 1-3 and cash flows of $200 in Years 4-6. What is the IRR of this project? Convert your answer to percentage and round off to two decimal points. Do not enter % in the answer box.

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