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A firm buys a new piece of equipment for $17,550, and will receive a cash flow of $2,600 per year for thirteen years. What is
A firm buys a new piece of equipment for $17,550, and will receive a cash flow of $2,600 per year for thirteen years. What is the IRR? (Use a Financial calculator to arrive at the answers. Round the final answer to the nearest whole percent.) IRR %
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