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[1] A project has the following cash flows: Year Cash Flow 0 $64,000 1 - $30,000 2 - $48,000 (a) What is the IRR of
[1] A project has the following cash flows:
Year | Cash Flow |
0 | $64,000 |
1 | - $30,000 |
2 | - $48,000 |
(a) What is the IRR of this project?
(b) What is the NPV of this project if the required return is 12 percent?
(c) Should this project be accepted if the required return is 12 percent? Why?
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