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Question

a firm evaluates all of its projects by applying the IRR rule. If the required rate of return is 16%, should the

firm accept the following project;

yr 0 cash flow-28000

yr 1 cash flow 12000

yr 2 cash flow 15000

yr 3 cash flow 11000

Top Answer

IRR = 17.18% Since the IRR is greater... View the full answer

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