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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 8 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 FCF in year 1 FCF in year 2 FCF in year 3 FCF in year 4 PCF in year 5 FCF in year 6 $1,288,450 260.000 380,000 380,000 260,000 260,000 140,000 Print Done

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