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The capital budgeting director of TABUDLO Corporation Is evaluating a project that costs P200,000, is expected to last for 10 years and produce after-tax cash
The capital budgeting director of TABUDLO Corporation Is evaluating a project that costs P200,000, is expected to last for 10 years and produce after-tax cash flows, including depreciation, of P44,503 per year. If the firm's cost of capital is 14% and its tax rate is 40 percent, what is the project's IRR?
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