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A firm evaluates all of its projects by applying the IRR rule. If the required return is 11 percent, should the firm accept the following
A firm evaluates all of its projects by applying the IRR rule. If the required return is 11 percent, should the firm accept the following project?
| Year | Cash Flow |
| 0 | -$168,500 |
| 1 | 86,000 |
| 2 | 91,000 |
| 3 | 53,000 |
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International Financial Markets And The Firm
Authors: Piet Sercu, Raman Uppal
1st Edition
1861523548, 978-1861523549
