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Calculating IRR, payback, and a missing cash flow) The Merriweather Printing Company is trying to decide on the merits of constructing a new publishing facility.

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Calculating IRR, payback, and a missing cash flow) The Merriweather Printing Company is trying to decide on the merits of constructing a new publishing facility. The project is expected to provide a series of positive cash flows for each of the next four years. The estimated cash flows associated with this project are as follows: Year Project Cash Flow 0 1 $770,000 2 380,000 260,000 4 480,000 (Click on the icon in order to copy its contents into a spreadsheet) t you know that the project has a regular payback of 2 9 years, what is the project's IRR? The IRR of the project is 1% (Round to two decimal places)

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