What is the irr that franklin mints management can expect, Financial Management

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What is the irr that franklin mints management can expect

Management of Franklin Mints, a confectioner, is considering purchasing a new jelly bean-making machine at a cost of $486,543. They project that the cash flows from this investment will be $112,420 for the next seven years. If the appropriate discount rate is 14 percent, what is the IRR that Franklin Mints management can expect on this project?

IRR is in what %

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Financial Management: What is the irr that franklin mints management can expect

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