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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 -$26,000
1 $11,000
2 $14,000
3 $10,000
Please answer and show work, thank you
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