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What is the IRR of a project which requires an initial cash outlay of $12,345, 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 $12,345, 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?
- 14.00%
- 15.50%
- 16.20%
- 17.80%
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