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A firm evaluates all of its projects by applying the IRR rule. If the required return is 5%, should the firm accept the following project?
- A firm evaluates all of its projects by applying the IRR rule. If the required return is 5%, should the firm accept the following project?
Year | Cash Flow |
0 | -$100,000 |
1 | $40,000 |
2 | $40,000 |
3 | $40,000 |
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