What is the project irr, Question: What is the project's IRR? Note: Please provide, Accounting Basics

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What is the project irr

Problem:

A project requires an initial cash outlay of $60,000 and has expected cash inflows of $15,000 annually for 8 years. The cost of capital is 10%.

Required:

Question: What is the project's IRR?

Note: Please provide reasons to support your answer.

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Accounting Basics: What is the project irr

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Accounting Basics: What is the project irr

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