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Suppose a particular investment project will require an initial cash outlay of $1,000,000 and will generate a cash inflow of $500,000 in each of the next three years. What is the project’s IRR? Suppose a company’s hurdle rate is 15%, should it accept the project? 23%; reject the project 23%; accept the project 15%; reject the project 15%; accept the project

Financial Management, Finance

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