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The company Velpusia S.A. You are evaluating a fixed asset investment project with an initial cost of $ 5,000 and which is expected to generate

The company Velpusia S.A. You are evaluating a fixed asset investment project with an initial cost of $ 5,000 and which is expected to generate an after-tax cash flow of $ 2,000 in the first year, $ 2,000 in the second year, and $ 2,000 in the third year. The required rate of return is 12%. Calculate the internal rate of return (IRR) of the project.

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