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A firm buys a new plece of equipment for $15,588, and will recelve a cash flow of $2,400 per year for eleven years. What is

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A firm buys a new plece of equipment for $15,588, and will recelve a cash flow of $2,400 per year for eleven years. What is the IRR? (Use a Financlal calculator to arrive at the answers. Round the final answer to the nearest whole percent) IRR

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