What is the project irr-wilson inc

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Wilson, Inc., is considering a new four-year expansion project that requires an initial fixed asset investment of $1,950,000. The fixed asset will be depreciated straight-line to zero over its four-year tax life, after which time it will be worthless. The project is estimated to generate $2,140,000 in annual sales, with costs of $1,215,000. If the tax rate is 35%, what is the project's IRR?

Reference no: EM132505837

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