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What is the projects irr

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Reference no: EM131101103

What is the internal rate of return with an initial outlay of $9,000 resulting in single cash inflow of $15,424 in 7 years.

Jella cosmetics is considering a project that costs $750,000 and is expected to last for 9 years and produce future cash flows of $180,000 per year. If the appropriate discount rate for this project is 17 percent, what is the projects IRR?

Reference no: EM131101103

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