Calculate the projects internal rate of return

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Bob is looking to expand an existing project. The expansion requires an immediate outflow (an investment today) of $85 million. bob anticipates that 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

Reference no: EM131337215

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