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You are considering a three-year project that costs $2,000, and has expected cash flows of $750 at the end of the 1st year, $700 at

You are considering a three-year project that costs $2,000, and has expected cash flows of $750 at the end of the 1st year, $700 at the end of the 2nd year, and $650 at the end of the 3rd year. What is the projects internal rate of return?

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10%

2.5%

5%

7.5%

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