Question: Cash flows from a new project are expected to be $10,000,$40,000,$30,000, $30,000 and $40,000 over the next 5 years, respectively. Assuming an initial cost of

 Cash flows from a new project are expected to be $10,000,$40,000,$30,000,

Cash flows from a new project are expected to be $10,000,$40,000,$30,000, $30,000 and $40,000 over the next 5 years, respectively. Assuming an initial cost of $100,000 and a required return of 8%, what is the project's IRR? 13.39\% 12.05\% 13.66\% 12.45% 12.85%

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