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A firm evaluates all of ites projects by applying the IRR rule. If the required return is 14 percent, should the firm accept the following

A firm evaluates all of ites projects by applying the IRR rule. If the required return is 14 percent, should the firm accept the following project?

Year

Cash Flow

0

-$30,000

1

16,000

2

20,000

3

15,000

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