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5. Calculating IRR. A firm evaluates all of its projects by applying the IRR rule. If the required return is 18 percent, should the firm

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5. Calculating IRR. A firm evaluates all of its projects by applying the IRR rule. If the required return is 18 percent, should the firm accept the following project? Year 0 1 2 3 Cash Flow -$130,000 68,000 71,000 54,000

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