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A firm evaluates all of its projects by applying the IRR rule Year Cash Flow - 5 4 1 ; 2 0 0 0 0

A firm evaluates all of its projects by applying the IRR rule Year Cash Flow -541; 20000; 14000. What is the project's IRR ? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16 b. If the required return is 14 percent, should the firm accept the project? a. Internal rate of return b. Project acceptance

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