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103 5. Calculating IRR A firm evaluates all of its projects by applying the IRR rule. If the required return is 11 percent, should the

103 5. Calculating IRR A firm evaluates all of its projects by applying the IRR rule. If the required return is 11 percent, should the firm accept the following project? Cash flow o -5157,300 74.000 87.000 45,000 2

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