Consider a project with initial investment of $75,000 and future cash flows as below. The...

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Consider a project with initial investment of $75,000 and future cash flows as below. The required return is 9%. What is the IRR of this project? What is your decision? Explain why. 4 Year Cash flow 0 1 2 3 -75,000 25,000 25.000 25.000 5 30.000 0

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