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What is the IRR of the following set of cash flows? Year Cash Flow 0 $12,210 1 6,400 2 4,800 3 6,500 Multiple Choice 20.72%

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

Year Cash Flow

0 $12,210

1 6,400

2 4,800

3 6,500

Multiple Choice 20.72% 22.2% 21.14% 20.08% 21.56%

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