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( I R R ) Jella Cosmetics is considering a project that costs $ 5 0 0 , 0 0 0 and that is expected

(IRR) Jella Cosmetics is considering a project that costs $500,000 and that is expected to last for 6 years and produce future cash flows of $150,000 per year. If the appropriate discount rate for this project is 18 percent, what is the project's IRR?
The project's IRR is
%.(Round to two decimal places.)
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