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Find the internal rate of return (IRR) for the following series of future cash flows. The initial outlay is $763,200.

Year 1: 159,000

Year 2: 125,800

Year 3: 165,200

Year 4: 234,200

Year 5: 234,000

Round the answer to two decimal places in percentage form.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92412640

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