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Problem 5 - 5 Calculating IRR A firm has a project with the following cash flows: The appropriate discount rate is 1 3 percent. What

Problem 5-5 Calculating IRR
A firm has a project with the following cash flows:
The appropriate discount rate is 13 percent. What is the IRR for this project? (Do not
round intermediate calculations and enter your answer as a percent rounded to 2
decimal places, e.g.,32.16.)
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