Considers the required rate of return of the project

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S. Miller is looking to expand an existing project. The expansion requires an immediate outflow (an investment today) of $85 million. S. Miller 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%'

Projects internal rate of return is ___%

Reference no: EM131337205

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