Question: XYZ is evaluating a project that would require an initial investment of $ 7 2 , 9 0 0 today the project is estimated to

XYZ is evaluating a project that would require an initial investment of $72,900 today the project is estimated to produce annual cash flows of $8600 each year forever with the first annual cash flow expected in one year the MPV of the project is $7,800. What is the IRR of the project?10.66%13.21%10.7%11.8%

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