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Question
Aroma Candles, Inc. is evaluating a project with the following cash flows. Calculate the IRR of the project. (Round to the nearest whole percentage.)| Year | Cash Flows |
| 0 | ($120,000) |
| 1 | $30,000 |
| 2 | $70,000 |
| 3 | $90,000 |
A) 18%
B) 23%
C) 28%
D) 33%
Answer
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