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The all-equity firm invests $90 today in a machine which will be depreciated down to $0 over three years of the project's life. Hurdle is

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The all-equity firm invests $90 today in a machine which will be depreciated down to $0 over three years of the project's life. Hurdle is 10% and tax rate is 0%. Annual business plan detail follows. What is the project's IRR

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