Juan is the project manager for WrenMart's self-branded eyeglasses initiative. WrenMart's in-store optical departments currently...
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Juan is the project manager for WrenMart's self-branded eyeglasses initiative. WrenMart's in-store optical departments currently sell eyeglasses only from third-party vendors. WrenMart's estimated cost of capital, appropriate for this project, is 8.30% per year. The project's free cash flows are estimated as follows: Using the information in the table below, help Juan by computing the IRR of the project. Instructions: - Include all symbols and punctuation: 7500$1,500 - Never spell out the unit: 7.4 months - Round long decimals to the nearest hundredth: 20.334120.33 - If the answer is a percentage, convert to percentage form before rounding: 0.03948 3.948%3.95%
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