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A firm evaluates all of its projects by applying the IRR rule. Year Cash Flow 0 $ 160,000 1 56,000 2 83,000 3 67,000 Requirement
| A firm evaluates all of its projects by applying the IRR rule. |
| Year | Cash Flow | |
| 0 | $ | 160,000 |
| 1 | 56,000 | |
| 2 | 83,000 | |
| 3 | 67,000 | |
| Requirement 1: |
| What is the project's IRR? |
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Beyond Greed And Fear Understanding Behavioral Finance And The Psychology Of Investing
Authors: Hersh Shefrin
1st Edition
0195161211, 978-0195161212
