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Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $787,700. Year 1: 159,000 Year 2: 149,500 Year 3: 264,900 Year 4: 239,500 Year 5: 261,200 Round the answer to two decimal places in percentage form

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Financial Management, Finance

Category:- Financial Management
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