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(IRR with uneven cash flows) The Tiffin Barker Corporation is considering introducing a new currency verifier that has the ability to identify counterfeit dollar bills.

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(IRR with uneven cash flows) The Tiffin Barker Corporation is considering introducing a new currency verifier that has the ability to identify counterfeit dollar bills. The required rate of return on this project is 11 percent. What is the IRR on this project if it is expected to produce the following cash flows: ?: ? Data Table The IRR on this project is %. (Round to two decimal places.) e Initial outlay - $1,140,625 FCF in year 1 280,000 FCF in year 2 320,000 FCF in year 3 320,000 FCF in year 4 280,000 FCF in year 5 280,000 FCF in year 6 140,000 (Click on the icon located on the top-right corner of the data table above in order to copy its contents into a spreadsheet.) Print Done

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