What is the irr for project

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A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows:

Year Cash Flows

0 -27888
1 14878
2 10221
3 11308

What is the IRR for this project? (Enter your answer as a percentage, omit the "%" sign in your response, and round your answer to 2 decimal places. For example, 0.12345 or 12.345% should be entered as 12.35.)

Reference no: EM132688959

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