Projects by applying the irr rule

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A firm evaluates all of its projects by applying the IRR rule. Year Cash Flow 0 –$ 163,000 1 53,000 2 86,000 3 70,000 What is the project's IRR? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Internal rate of return            %

Reference no: EM131504909

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