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Find the interna rate of return (IRR) for the following series

/in /by

Find the interna rate of return (IRR) for the following series of
future cash flows. The initial outlay is $504,600.
Year 1: 197,700
Year 2: 198,200
Year 3: 161,500
Year 4: 133,700
Year 5: 154,700
Round the answer to two decimal places in percentage form

 
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