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The Dry Dock is considering a project with an initial cost of $108,915 and cash inflows for Years 1 to 3 of $37,200, $54,600, and
The Dry Dock is considering a project with an initial cost of $108,915 and cash inflows for Years 1 to 3 of $37,200, $54,600, and $46,900, respectively. What is the IRR?
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