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A firm evaluates all of its projects by applying the IRR rule. If the required return is 14 percent, should the firm accept the following
A firm evaluates all of its projects by applying the IRR rule. If the required return is 14 percent, should the firm accept the following project? Input area: Required Return 14% Year 0 ($41,000) Year 1 $20,000 Year 2 $23,000 Year 3 $14,000 (Use cells A6 to B10 from the given information to complete this question.) Output area: IRR = ?
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