What is the internal rate of return of this project

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Question - A business project requires the initial outlay of $250,000 in cash. The project will generate cash inflows of $30,000 at the end of each year for the next 15 years. What is the internal rate of return of this project?

8.0%

8.2%

8.4%

8.8%

9.0%

9.2%

Reference no: EM132428746

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