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What is the internal rate of return for a project that requires an initial investment of $76,000 and then generates cash flows of $20,507 per
What is the internal rate of return for a project that requires an initial investment of $76,000 and then generates cash flows of $20,507 per year for 7 years?
a. 16%
b. 17%
c. 18.2%
d. 19%
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