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Deep Waters, Inc. is using the internal rate of return (IRR) when evaluating projects. Find the IRR for the company’s project. The initial outlay for the project is $397,100. The project will produce the following after-tax cash inflows of

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Deep Waters, Inc. is using the internal rate of return (IRR) when

evaluating projects. Find the IRR for the company’s project. The initial outlay for the project is $397,100. The project will produce the following after-tax cash inflows of
Year 1: 158,300
Year 2: 134,300
Year 3: 195,800
Year 4: 182,000

 
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