What is the project irr

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A firm evaluates all of its projects by applying the IRR rule. The current proposed project has an initial cash outflow of $31,300. The cash flows are $21,100 in year 1, $13,400 in year 2 and $15,600 in year 3. The required return is 19.70%. What is the project's IRR?

Reference no: EM133109959

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