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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?
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