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? 1 (Calculating IRR, payback, and a missing cash flow) The Merriweather Printing Company is trying to decide on the merits of constructing a new

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? 1 (Calculating IRR, payback, and a missing cash flow) The Merriweather Printing Company is trying to decide on the merits of constructing a new publishing facility. The project is expected to provide a series of positive cash flows for each of the next four years The estimated cash flows associated with this project are as follows. Year Project Cash Flow 0 $760,000 2 360,000 320,000 520,000 (Click on the icon in order to copy its contents into a spreadshoot) If you know that the project has a regular payback of 2.1 years, what is the project's IRR? The IRR of the project is % (Round to two decimal places.) 3 4

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