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Sooner Inc. is considering a multi-year project that has an initial investment of $590,000 in 2022. The future cash inflows from its project are $100,000

Sooner Inc. is considering a multi-year project that has an initial investment of $590,000 in 2022. The future cash inflows from its project are $100,000 every year from 2023 to 2025 and then $6,000 every year from 2026 to 2036, respectively. What is the approximate IRR (%) for this project?

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