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What is the IRR of a project which requires an initial cash outlay of $12,555 and is expected to generate cash flows of $3,600 a
What is the IRR of a project which requires an initial cash outlay of $12,555 and is expected to generate cash flows of $3,600 a year for three years and then $4,200 a year for two more years? A. 14.00% B. 15.50% C. 16.20% D. 17.80%
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