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A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows:

Year Cash Flow
0 -$ 28,900
1 12,900
2 15,900
3 11,900

If the required return is 14 percent, what is the IRR for this project?

Should the firm accept the following project?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M9792520

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