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You are analyzing a potential purchase of new software with a purchase price of $50,000 and installation costs of $5000. The anticipated labor savings as

You are analyzing a potential purchase of new software with a purchase price of $50,000 and installation costs of $5000. The anticipated labor savings as a result of this purchase are years 1-3 respectively, $20,000, $30,000, $15,000. WACC 10% Tax 30%. $5,000 selling price at the end of the 3 years. The IRR for this potential project is ?

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