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I need help in solving this question. I just need step by step solutions. Thank you...

I need help in solving this question. I just need step by step solutions. Thank you

Fast Machines, Inc., has a project with the following cash flows. The company evaluates all projects by applying the IRR rule.

Year Cash Flow
0 –$ 28,700
1 12,700
2 15,700
3 11,700


What is the IRR for this project?

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