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Suppose a project costs $440 and produces cash flows of $100 over each of the following six years. What is the IRR of the project?

Suppose a project costs $440 and produces cash flows of $100 over each of the following six years. What is the IRR of the project? Select one: a. 18.6% b. 24.3% O c. There is not enough information; a discount rate is required d. 10.0% e. 9.7%

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