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XYZ Corporation is planning to invest in a new project that involves an initial outlay of $ 8 0 0 , 0 0 0 .

XYZ Corporation is planning to invest in a new project that involves an initial outlay of $800,000. The expected cash inflows are as follows: $100,000 in Year 1, $200,000 in Year 2, $300,000 in Year 3, and $400,000 in Year 4. However, the project will also incur additional costs of $150,000 in Year 2 and $100,000 in Year 4. Compute the IRR for this investment.

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