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The following table shows the cash flows for a project. The required rate of return in 20%. Compute the IRR. Year Project cash flow 0

The following table shows the cash flows for a project. The required rate of return in 20%. Compute the IRR.

Year Project cash flow
0 -$120,000
1 $100,000
2 $40,000
3 $10,000

Group of answer choices

17%

20%

18%

19%

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