Question: A company is considering a project which will initially cost $ 146854. It believes this project will generate a cash flow of $33311 in the

 

A company is considering a project which will initially cost $ 146854. It believes this project will generate a cash flow of $33311 in the first year, and the cash flow will increase at 1.7% annually forever. Calculate the IRR (%) of this project (round to 2 decimal places)

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