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you are considering investing in a new project. the project will need an inital investment (today) of $2,000,000 and will generate $610,000 (after tax) annual

you are considering investing in a new project. the project will need an inital investment (today) of $2,000,000 and will generate $610,000 (after tax) annual operating cash flow for the next four years. the first $610,000 occurs one year from today and the last occurs four years from today. calculate the IRR for the project

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