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Marielle Machinery Works forecasts the following cash flows on a project under consideration. It uses the 2 $10,000 0 $7,500 +$8,500 Calculate the IRR. (Do

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Marielle Machinery Works forecasts the following cash flows on a project under consideration. It uses the 2 $10,000 0 $7,500 +$8,500 Calculate the IRR. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) IRI Should this project be accepted if the required return is 12%? O Yes O No

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