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We currently have a material that had a cost of $ 2.33 / unit produced. A Six Sigma team develops an alternative that reduces the

We currently have a material that had a cost of $ 2.33 / unit produced. A Six Sigma team develops an alternative that reduces the cost to $ 2.20 per unit produced. Production for this year was 159,102 units. The equipment that was purchased has a cost of $ 56,131 Excluding depreciation expense and learning curve, determine IRR to two decimal places, do not use%.

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