`a project has the following cash flows. what is the internal rate of return?`

# a project has the following cash flows. what is the internal rate of return?

a project has the following cash flows. what is the internal rate of return?

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13.23 percent

NPV = 0 = -$33,800 + $12,360 / (1 + IRR) + $14,580 / (1 + IRR)2 + $16,710 / (1 + IRR)3

IRR = 13.23%