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What is the internal rate of return

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Reference no: EM131950685

Wing Air, Inc. has a project with the following cash flows:

Required Return of 10%.

Annual cash flows:

Year 0.....$(23,000)

Year 1..... $9,500

Year 2......$10,300

Year 3..... $6,500

What is the internal Rate of Return (IRR)?

Reference no: EM131950685

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