Internal rate of return rule to accept or reject project

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Marielle Machinery Works forecasts the following cash flows on a project under consideration. It uses the internal rate of return rule to accept or reject projects. C0 C1 C2 C3 ? $ 10,500 0 + $ 8,000 + $ 9,000 Calculate the IRR. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

IRR %

Reference no: EM132039780

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