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Your company is considering a project which requires an initial investment of $350,000 and generates the following cash flows in years 1 through 6: Year

Your company is considering a project which requires an initial investment of $350,000 and generates the following cash flows in years 1 through 6:

Year

1

2

3

4

5

6

Cash Flow ($ thousands)

125

140

50

25

20

20

  • What is the IRR for this project? Note: Enter the answer as a decimal, not as a percent

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