The project generates free cash flow of 540000 at the end

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My project requires an initial investment of $389,600. The project generates free cash flow of $540,000 at the end of year 4. What is the internal rate of return for the project?

A. 138.6%

B. 38.6%

C. 8.5%

D. 6.9%

Reference no: EM13570300

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