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TarSim Company is considering investing in a new project. The project's initial investment is $2,400,000 and it will generate $1,200,000 (after-tax) cash flows for three

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TarSim Company is considering investing in a new project. The project's initial investment is $2,400,000 and it will generate $1,200,000 (after-tax) cash flows for three years. What is the IRR of this project. Multiple Choice 20.2 percent 14.5 percent 18.6 percent 23.4 percent

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