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(IRR calculation) Jella Cosmetics is considering a project that costs $775,000 and is expected to last for 11 years and produce future cash flows

(IRR calculation) Jella Cosmetics is considering a project that costs $775,000 and is expected to last for 11 years and produce future cash flows of $180,000 per year. If the appropriate discount rate for this project is 19 percent, what is the project's IRR? The project's IRR is % (Round to two decimal places.)

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