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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 $540,900. The project will produce the following after-tax cash inflows of Year 1: 250,400

Year 2: 154,000

Year 3: 126,700

Year 4: 130,200

Round the answer to two decimal places in percentage form. (Write the percentage sign in the "units" box)

You should use Excel or financial calculator.

Financial Management, Finance

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