Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 - $218,917 - $16,419 1 25,700 5,985 2 53,000 8,370 3 58,000 13,931 4 420,000 8,655 Whichever project you choose, if any, you require a 6 percent return on your investment. What is the IRR (in %) for Project A?
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