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A project has an initial cash outflow of $55,000, total cash flow in year 1 of $22,000, with total cash flows increasing by 5% in

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A project has an initial cash outflow of $55,000, total cash flow in year 1 of $22,000, with total cash flows increasing by 5% in years 2 and 3. What is the project's Internal Rate of Return? 14.4% 8.9% 12.3% 10.0% 9.7%

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