What is the internal rate of return irr for a project that, Finance Basics

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What is the internal rate of return irr for a project that

What is the internal rate of return (IRR) for a project that costs $5,500 and is expected to generate $1,800 per year for the next four years? If the firm's required rate of return is 8 percent, what is the project's modified internal rate of return (MIRR)? Should the firm purchase the project?

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