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J. Cena is looking to grow upon an existing project. The expansion requires an immediate outflow of $85 million. J.Cena anticipates the project will generate one future cash flow of $155 million that will arrive at the end of year 6, and only in that year. The company considers the required rate of return of the project to be 10.25% Calculate the project's internal rate of return: %

Financial Management, Finance

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