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the next 5 1 months. The lease cannot be broken, and the store's WACC is 1 2 % ( or 1 % per month )

the next 51 months. The lease cannot be broken, and the store's WACC is 12%(or 1% per month).
a. Should the new lease be accepted? (Hint: Be sure to use 1% per month.)
$ then find its IRR.) Do not round intermediate calculations. Round your answer to two decimal places.
%
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