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A firm evaluates all of its projects by applying the IRR rule. Year Cash Flow 0 $ 162,000 1 54,000 2 85,000 3 69,000 What
A firm evaluates all of its projects by applying the IRR rule.
Year | Cash Flow | |
0 | $ | 162,000 |
1 | 54,000 | |
2 | 85,000 | |
3 | 69,000 | |
|
What is the project's IRR? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Internal rate of return % If the required return is 12 percent, should the firm accept the project? (Click to select)NoYes (Yes, No)
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