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Project zzq requires an initial outlay of 500000 and has a

Project ZZQ requires an initial outlay of $500,000 and has a profitability index of 1.4. The project is expected to generate equal annual cash flows over the next ten years. The required return for this project is 16%. What is project ZZQ's internal rate of return?

19.88%

22.26%

24.78%

26.12%

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Financial Management: Project zzq requires an initial outlay of 500000 and has a

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Financial Management: Project zzq requires an initial outlay of 500000 and has a

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