Question
A firm evaluates all of its projects by applying the IRR rule Year Cash Flow 0 $ 153,000 1 63,000 2 76,000 3 60,000 What
A firm evaluates all of its projects by applying the IRR rule
| Year | Cash Flow | |
| 0 | $ | 153,000 |
| 1 | 63,000 | |
| 2 | 76,000 | |
| 3 | 60,000 | |
What is the project's IRR? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Internal rate of return ??? % If the required return is 13 percent, should the firm accept the project? Yes or No?
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Financial And Insurance Formulas
Authors: Tomas Cipra
2010th Edition
3790829013, 978-3790829013
