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What is the project irr

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Anne's Hoagie Heaven can purchase cooking equipment on sale for $8,200. The asset has a four-year life, will produce a cash flow of $2,700 in the first and second year, $3,100 in the third year, and $3,600 in the fourth year. The cost of capital is 13%. What is the project's IRR?

Reference no: EM132154708

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