Question
2) A firm evaluates all of its projects by applying the IRR rule. Year 0-$146,000 ; Year 1 $70,000 ; Year 2 $69,000 ; Year
2) A firm evaluates all of its projects by applying the IRR rule. Year 0-$146,000 ; Year 1 $70,000 ; Year 2 $69,000 ; Year 3 $53,000.What is the projects IRR? If the required return is 16%, should the firm accept the project? Please use excel and explain how to come up with the answer.
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Investments Analysis and Management
Authors: Charles P. Jones
12th edition
978-1118475904, 1118475909, 1118363299, 978-1118363294
