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Jella Cosmetics is considering a project that costs $700,000 and is expected to last for 11 years and produce future cash flows of $160,000 per

Jella Cosmetics is considering a project that costs $700,000 and is expected to last for 11 years and produce future cash flows of $160,000 per year. If the appropriate discount rate for this project is 18 percent, what is theproject's IRR?

Theproject's IRR is

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