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Jessop Builders is considering a new project that will cost 1 , 6 0 0 , 0 0 0 and is expected to last for

Jessop Builders is considering a new project that will cost 1,600,000 and is expected to last for eight years and produce future cash flows of 300,000 per year. If the appropriate discount rate for this project is 10 percent what is the project's IRR?

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