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For a project that has a net investment of $ 1 , 3 5 0 , 0 0 0 and net cash flows of $

For a project that has a net investment of $1,350,000 and net cash flows of $4000,000 for 5 years; Is the internal rate of return between (15% and 12%) or (12% and 8%). Explain your answer.

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