What is the internal rate of return

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Question: A project requires an investment Today (Year Zero) of $25,000 and is forecast to generate equal annual Free Cash Flows of $5,830 for each of the next seven (7) years (Year 1 to Year 7). To the nearest percent, what is the Internal Rate of Return (IRR) of this project? The required return to the firm is 11%

Reference no: EM133492459

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