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What is the internal rate of return (IRR) of a project with an initial outlay of $10,000, resulting in a free cash flow of $2,055
What is the internal rate of return (IRR) of a project with an initial outlay of $10,000, resulting in a free cash flow of $2,055 at the end of each year for the next 18 years?
Please provide your submission in only MS Excel, identifying the IRR as a percent. Ensure that your IRR percentage is rounded to two decimal places.
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