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A firm buys a new piece of equipment for $20,767, and will receive a cash flow of $2,900 per year for twelve years. What is

A firm buys a new piece of equipment for $20,767, and will receive a cash flow of $2,900 per year for twelve 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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