Question: A firm is considering a project that is expected to generate annual cash flows of $26.000 for 14 years. The project requires an initial investment

A firm is considering a project that is expected to generate annual cash flows of $26.000 for 14 years. The project requires an initial investment of $204 970.13. The cost of capital is 7.02%. What is the IRR of the project? 0 7.909 O 8.78% O 9.22% 09.0496 08.179

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