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What is the true IRR of the project with the following cash flows if the firm would be able to reinvest the cash inflows at

What is the true IRR of the project with the following cash flows if the firm would be able to reinvest the cash inflows at a rate of return equal to 8% ? Year 0: -$400 Year 1: $200 Year 2: $ 200 Year 3: $300

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