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A firm evaluates all of its projects by applying the IRR rule. Year Cash Flow 0 -$ 150,000 1 66,000 2 73,000 3 57,000 Requirement
| A firm evaluates all of its projects by applying the IRR rule. |
| Year | Cash Flow | |
| 0 | -$ | 150,000 |
| 1 | 66,000 | |
| 2 | 73,000 | |
| 3 | 57,000 | |
| Requirement 1: |
| What is the project's IRR? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) |
| Internal rate of return | % |
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Finance And Security Global Vulnerabilities Threats And Responses
Authors: Martin S. Navias
1st Edition
1787381366, 978-1787381360
