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Internal Rate of return, help please! (Related to Checkpoint 11.4) (IRR calculation) What...

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Accounting

Internal Rate of return, help please!
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(Related to Checkpoint 11.4) (IRR calculation) What is the internal rate of return for the following project: An initial outlay of $11,500 resulting in a single cash inflow of $32,811 in 11 years. The internal rate of return for the project is \%. (Round to the nearest whole percent.)

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