Calculate the internal rate of return for a project

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Calculate the internal rate of return for a project that has upfront costs of $7 million and cash flows of $2.5 million per year for each of the next four years. The risk adjusted project discount rate is 12%.

A) 5.6%

B) 7.0%

C) 12.0%

D) 16.0%

Reference no: EM131428961

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