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Charlie has a project for which he had determined a present worth of $56 740. He now has to calculate the IRR for the project,

Charlie has a project for which he had determined a present worth of $56 740. He now has to calculate the IRR for the project, but unfortunately he has lost complete information about the cash flows. He knows only that the project has a five-year service life and a first cost of $180 000, that a set of equal cash flows occurred at the end of each year, and that the MARR used was 10 percent. What is the IRR for this project?

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