(IRR calculation)Jella Cosmetics is considering a project that costs $775,000 and is expected to last...
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(IRR calculation)Jella Cosmetics is considering a project that costs $775,000 and is expected to last for 11 years and produce future cash flows of $200,000 per year. If the appropriate discount rate for this project is 22 percent, what is the project's IRR?
The project's IRR is
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