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What is the internal rate of return on an investment that has an initial cost of $38,400 and projected cash inflows of $11,200, $19,600, and

What is the internal rate of return on an investment that has an initial cost of $38,400 and projected cash inflows of $11,200, $19,600, and $18,100 for Years 1 to 3, respectively

answer =12.15%

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