Question: Albemarle is trying to choose between the following two mutually exclusive design projects: Year 1 2 3 Cash Flow (1) Cash Flow (II) -$84,000

Albemarle is trying to choose between the following two mutually exclusive design 

Albemarle is trying to choose between the following two mutually exclusive design projects: Year 1 2 3 Cash Flow (1) Cash Flow (II) -$84,000 -$29,800 30,600 10,500 36,900 17,400 43,700 15,600 What is the internal rate of return for the Cash Flow (1) above?

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