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(IRR with uneven cash flows) The Tiffin Barker Corporation is considering introducing a new currency verifier that has the ability to identify counterfeit dollar
(IRR with uneven cash flows) The Tiffin Barker Corporation is considering introducing a new currency verifier that has the ability to identify counterfeit dollar bills. The required rate of return on this project is 13 percent. What is the IRR on this project if it is expected to produce the following free cash flows: ? The IRR on this project is %. (Round to two decimal places.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Initial outlay -$1,001,504 FCF in year 1 220,000 FCF in year 2 340,000 FCF in year 3 340,000 FCF in year 4 220,000 FCF in year 5 220,000 FCF in year 6 160,000 Print Done
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