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You are considering investing $ 5 0 , 0 0 0 in a friend's business, and they expect the following cash flows. Year 0 :
You are considering investing $ in a friend's business, and they expect the following cash flows.
Year : $
Year : $
Year : $
Year : $
Year : $
Year : $
Year : $
What is the IRR of the project? Give your answer in percent format with decimal places.
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