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A firm evaluates all of its projects by applying the IRR rule. The current proposed project has cash flows of $27,048,$11,850,$16,700, and $4,300 for years
A firm evaluates all of its projects by applying the IRR rule. The current proposed project has cash flows of $27,048,$11,850,$16,700, and $4,300 for years 0 to 3 , respectively. The required return is 10 percent. What is the project IRR? Should the project be accepted or rejected? 11.77%, reject 7.86%, accept 7.86\%, reject 9.84%, reject 9.84%, accept 11.77%, accept
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