(Answered) Question - calculating irrpluto planet inc has a projected

Accounting

Question - Calculating IRR

Pluto Planet, Inc., has a projected with the following cash flows.

YEAR	CASH FLOWS ($)
0	-$9,000
1	5,300
2	3,600
3	1,900

The company evaluates all projects by applying the IRR rule. If the appropriate interest rate is 8 percent, should the company accept the project?

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