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o (IRR of an uneven cash flow stream) Microwave Oven Programming, Inc. is considering the construction of a new plant. The plant will have an

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o (IRR of an uneven cash flow stream) Microwave Oven Programming, Inc. is considering the construction of a new plant. The plant will have an intial cash outlay of 57.6 milion (= -57.8 million), and will produce cash flows of $2.4 milion at the end of year 1.541 million at the end of year 2 and 51.5 million at the end of years 3 through 5 What is the internal rate of retum on this new plant? The IRR of the project is % (Round to two decimal places)

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