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

/in /by

Find the internal rate of return (IRR) for the following series of
future cash flows. The initial outlay is $678,286.42.
Year 1: 199,086
Year 2: 192,460
Year 3: 152,379
Year 4: 194,363
Year 5: 150,055

Round the answer to two decimal places in percentage form. Use Excel or the financial calculator.

 
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