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What would the projects IRR be if the company sold the machines at the end of 7 years for $500,000? (Everything is the same as
What would the projects IRR be if the company sold the machines at the end of 7 years for $500,000? (Everything is the same as in the very last example for which we just found the NPV to be $397,315.) Round to 0.01%, drop the % sign. E.g., if your answer is 15.856%, record it as 15.86.
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