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What is the internal rate of return for an investment with the following cash flows? Remember to net the flows of each year.

Cash Inflows Cash Outflows Net Flow
Initial Outlay $125,000
End Year 1 $ 72,125 $ 53,650
End Year 2 $ 77,950 $ 52,000
End Year 3 $184,000 $ 47,500

 

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