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Deep Waters, Inc. is using the internal rate of return (IRR) when evaluating projects. Find the IRR for the company’s project. The initial outlay for the project is $319,500. The project will produce the following after-tax cash inflows of Year 1: 137,600 Year 2: 90,400 Year 3: 147,400 Year 4: 153,600 Round the answer to two decimal places in percentage form

Financial Management, Finance

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