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uestion 9 1 points Save kose Cirice Corporation is considering opening a branch in another state. The operating cash flow will be $187,600 a year.

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uestion 9 1 points Save kose Cirice Corporation is considering opening a branch in another state. The operating cash flow will be $187,600 a year. The project will require new equipment costing 5580.000 that would be depreciated on a straight-line basis to zero over the 5-year life of the project. The equipment will have a market value of$169,000 at the end of the project. The project requires an initial investment of $39 000 in net working capital, which will be recovered at the end of the project. The tax rate is 21 percent. What is the project's IRR? 19.04% 16.93% O 20.76% 22.14% 21.84%

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