What is the irr for the project

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What is the IRR for the following project if its initial after tax cost is $5,000,000 and it is expected to provide after-tax operating cash inflows of $1,800,000 in year 1, $1,900,000 in year 2, $1,700,000 in year 3 and $1,300,000 in year 4?

a) 0.00%

b) 15.57%

c) 13.57%

d) None of the above

Reference no: EM132504192

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