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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?
Year | Cash Flow |
---|---|
0 1 2 3 | $41,000 20,000 23,000 14,000 |
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