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A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows: Year Cash Flow 0
| A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows: |
| Year | Cash Flow | ||
| 0 | $ | 27,000 | |
| 1 | 11,000 | ||
| 2 | 14,000 | ||
| 3 | 10,000 | ||
| If the required return is 16 percent, what is the IRR for this project? |
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The Dark Side Of Valuation
Authors: Aswath Damodaran
2nd Edition
0137126891, 9780137126897
