A company is using the internal rate of return irr when, Financial Management

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A company is using the internal rate of return irr when

A company is using the internal rate of return (IRR) when evaluating projects. You have to find the IRR for the company's project. The initial outlay for the project is $450,000. The project will produce the following after-tax cash inflows:

Year 1: $159,000

Year 2: $133,000

Year 3: $193,000

Year 4: $156,000

Round the answers to two decimal points

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