Washington Industries Inc. is considering a project that has an initial after-tax outlay or after-tax...

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Accounting

Washington Industries Inc. is considering a project that has an initial after-tax outlay or after-tax cost of $250,000. The respective future cash inflows from its five-year project for years 1 through 5 are $75,000 each year. Washington expects an additional cash outflow of $50,000 in the fifth year. What is Washington Industries Inc. internal rate of return using discount rates of 7% and 11%?

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