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A firm evaluates all of its projects by applying the IRR rule. Year Cash Flow 0 $ 149,000 1 67,000 2 72,000 3 56,000 What

A firm evaluates all of its projects by applying the IRR rule.

Year Cash Flow
0 $ 149,000
1 67,000
2 72,000
3 56,000

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 16 percent, should the firm accept the project? (Click to select)NoYes

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