The internal rate of return of the investment

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A company is making an investment of $2,437,491 that will yield the following cash flows:

Year 1 $252,000

Year 2 $438,000

Year 3 $649,000

Year 4 $870,000

Year 5 $1,108,000

What is the internal rate of return of the investment?

Reference no: EM13954549

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