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( IRR calculation ) Jella Cosmetics is considering a project that costs $ 7 5 0 , 0 0 0 and expected to last for

(IRR calculation) Jella Cosmetics is considering a project that costs $750,000 and expected to last for 8 years and produce future cash flows of $180,000 per year. If the appropriate discount rate for this project is 18 percent, what is the project's IRR?

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