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A project has cash flows of $148,400, $42,500, $83,200, and $42,600 for Years 0 to 3, respectively. The required rate of return is 6 percent.

A project has cash flows of $148,400, $42,500, $83,200, and $42,600 for Years 0 to 3, respectively. The required rate of return is 6 percent. Based on the internal rate of return of _____ percent for this project, you should _____ the project. Multiple Choice

6.96; accept

6.55; accept

6.96; reject

6.55; reject

8.12; accept

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