Considering project that will produce cash inflows

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Reference no: EM131304939

Miller Brothers is considering a project that will produce cash inflows of $32,500, $38,470, $40,805, and $41,268 a year for the next four years, respectively. What is the internal rate of return if the initial cost of the project is $184,600?

7.39 percent

6.86 percent

6.47 percent

7.62 percent

6.24 percent

Reference no: EM131304939

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