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A project has cash flows of $148,000, $43,000, $87,000, and $61,000 for Years 0 to 3, respectively. The required rate of return is 11 percent.
A project has cash flows of $148,000, $43,000, $87,000, and $61,000 for Years 0 to 3, respectively. The required rate of return is 11 percent. Based on the internal rate of return of _______ percent for this project, you should______ the project.
Enter your answer in the first blank as a percent rounded to 2 decimal places, e.g., 32.16. Also enter either "accept" or "reject" in the second blank.
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