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You are considering a project that promises you cash flows of 770 USD at the end of year 1, and 971 usd at the end

You are considering a project that promises you cash flows of 770 USD at the end of year 1, and 971 usd at the end of year 2. The cost to buy into the project is 1,388.

What is the internal rate of return (IRR) on this project?

Enter answer in percents, accurate to 2 decimal places

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