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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 bills.

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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 bills. The required rate of return on this project is 6 percent. What is the IRR on this project if it is expected to produce the following cash flows: ? The IRR on this project is %. (Round to two decimal places.) Data Table Initial outlay - $1,429,530 FCF in year 1 280,000 FCF in year 2 400,000 FCF in year 3 400,000 FCF in year 4 280,000 FCF in year 5 280,000 FCF in year 6 180,000 (Click on the icon located on the top-right comer of the data table above in order to copy its contents into a spreadsheet.) Print Done

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