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What is the IRR of the following set of cash flows? Year Cash Flow 0 $ 8,348 1 3,100 2 5,000 3 4,400 Multiple Choice

What is the IRR of the following set of cash flows?

Year Cash Flow
0 $ 8,348
1 3,100
2 5,000
3 4,400

Multiple Choice

  • 22.26%

  • 22.91%

  • 21.38%

  • 21.82%

  • 20.73%

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