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A firm evaluates all of its projects by applying the RR rule. A project under consideration has the following cash flows Cash Flow 028.300 12,300

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A firm evaluates all of its projects by applying the RR rule. A project under consideration has the following cash flows Cash Flow 028.300 12,300 15,300 11,300 f the required return is 14 percent, what is the IRR for this project? (Round your answer to 2 decimal places. (.g.32.16)) Should the firm accept the following project? Yes No

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