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Calculate the IRR. Ferrent is debating whether to invest in new equipment to manufacture industrial distilling vats. The new equipment would cost $1,600,000 and would

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Calculate the IRR.

Ferrent is debating whether to invest in new equipment to manufacture industrial distilling vats. The new equipment would cost $1,600,000 and would have an estimated cight-year life and no talvage value. The estimated annual operating results with the new equipment are as follows

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