A firm evaluates all of its projects by applying the IRR rule. If the required return is

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A firm evaluates all of its projects by applying the IRR rule. If the required return is 13 percent, should the firm accept the following project?

Year Cash Flow

0............................... ($145,000)

1 ......................................71,000

2 ......................................68,000

3 ......................................52,000

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Fundamentals of Corporate Finance

ISBN: 978-0077861629

8th Edition

Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan

Question Posted: May 06, 2013 05:18 AM

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