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A company is considering a project that would cost $75,000. They expect to receive from it $20,000 during the first year, $33,000 during the second

A company is considering a project that would cost $75,000. They expect to receive from it $20,000 during the first year, $33,000 during the second year, $10,000 during the third year, and $9,000 on the fourth year. The company’s cost of capital is 9%.

What is the project’s IRR? 

Should the project be accepted? Why or why not?

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To calculate the projects Internal Rate of Return IRR we need to find the discount rate that equates the present value of the projects cash flows to t... blur-text-image

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