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APPLY THE CONCEPTS: Internal rate of return The Krause purchasing department has made revisions to their costs and annual cash flows. Project B Project B's

APPLY THE CONCEPTS:Internal rate of return

The Krause purchasing department has made revisions to their costs and annual cash flows.

Project B

Project B's revised investment is $127,100. The project's life and cash flow have changed to 6 years and $82,500 while expenses reduced slightly to $55,000.

Project B: The calculated IRR factor is ???

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