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1c. Answer the following question using the timeline of cashflows below: Time 0 1 2 3 4 Cash Flow -5000 3000 2000 1000 3000 Compute

1c. Answer the following question using the timeline of cashflows below:

Time 0 1 2 3 4

Cash Flow -5000 3000 2000 1000 3000

Compute the IRR and then tell me if you would accept the project if the required rate of return is 20 percent and why?

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