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You are analyzing a potential project that will cost 1875 to invest in today, will generate cash inflows of 230 per year starting in one

You are analyzing a potential project that will cost 1875 to invest in today, will generate cash inflows of 230 per year starting in one year and continuing forever, and has a discount rate of 12%. What is the IRR of the project? Should you accept the project based on its IRR?

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