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24. Assume the required return is 26%. What is the project's IRR? Should it be accepted? A) 14.95%; yes B) 26%; yes C) 27.95%; yes

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24. Assume the required return is 26%. What is the project's IRR? Should it be accepted? A) 14.95%; yes B) 26%; yes C) 27.95%; yes D) 28%; yes E) None of the above Answer 22, 23, and 24 using the following information: Jane plans to open a new business. The equipment will cost $175,000. Jane expects the after-tax cash inflows to be $65,000 annually for 5 years, after which she plans to scrap the equipment. a

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