Question: Jella Cosmetics is considering a project that costs $ 800,000, and is expected to last for 10 years and produce future cash flows of $

Jella Cosmetics is considering a project that costs $ 800,000, and is expected to last for 10 years and produce future cash flows of $ 175,000 per year. If the appropriate discount rate for this project is 12 percent, what is the project’s IRR?

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