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An investment requires an investment outlay of $99 immediately. The project will generate after-tax cash...

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Finance

An investment requires an investment outlay of $99 immediately. The project will generate after-tax cash flows of $57 one year from now and $60 two years from now. What is the IRR of the project? Group of answer choices 7.71% 11.79% 8.82% 10.37% 4.36%

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