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An international capital budgeting project has an IRR of 20.55% computing using Swedish Krona. What will be the equivalent conversion of this IRR in US
An international capital budgeting project has an IRR of 20.55% computing using Swedish Krona. What will be the equivalent conversion of this IRR in US given the following information:
US inflation = 8.5%
Swedish inflation = 3.0%
leave answer in decimals to 4 places
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