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The internal rate of return of the cash flows in the following table based is 1 7 . 4 2 % . time Cash flow

The internal rate of return of the cash flows in the following table based is 17.42%.
time Cash flow
0-$3,450,500
10
20
3 $1,250,000
4 $2,340,560
5 $3,230,950
Please pick one of the following:
True
False
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