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(IRR calculation) Jella Cosmetics is considering a project that costs $825,000 and is expected to last for 11 years and produce future cash flows of
(IRR calculation) Jella Cosmetics is considering a project that costs $825,000 and is expected to last for 11 years and produce future cash flows of $200,000 per year. If the appropriate discount rate for this project is 22 percent, what is the project's IRR? The project's IRRis%. (Round to two decimal places.)
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