What is the internal rate of return for a project

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What is the internal rate of return for a project that has a net investment of $370,000 and net cash flows of $60,000 in year 1, $75,000 in year 2, and $85,000 in years 3 through 8?

15.5%
13.6%
17.4%
none of the above are correct

 

Reference no: EM13267195

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