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Your Factory has been offered a contract to produce a part for a new printer. The contract would last for three years, and your cash

Your Factory has been offered a contract to produce a part for a new printer. The contract would last for three years, and your cash those for the contract would be $5.00 million per year.

your upfront set up cost to be ready to produce the part would be $8.00 million. your discount rate is 8.0%.

what is the IRR round to two decimal places?

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