Question
A firm evaluated all of its projects by applying the IRR rule. Year. Cash flow 0. -$156,000 1. 60,000 2. 79,000 3. 63,000 What is
A firm evaluated all of its projects by applying the IRR rule.
Year. Cash flow
0. -$156,000
1. 60,000
2. 79,000
3. 63,000
What is the projects IRR? [ do not round intermediate calculations and enter answer as a percent round to 2 decimal places]
if the required return is 15 percent, should the firm accept the project?
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
14th edition
978-0133879872
