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Determine the internal rate of return

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Reference no: EM131626992

Determine the internal rate of return on the following? project: An initial outlay of $11 500 resulting in a cash inflow of $2 648 at the end of each year for the next 8 years.

The internal rate of return (IRR) of the project is %

(Round to the nearest whole percentage)

Reference no: EM131626992

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