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A project has cash flows of -$151,000, $41,700, $78,750, and $57,650 for Years 0 to 3, respectively. The required return is 11.5 percent. Based on
A project has cash flows of -$151,000, $41,700, $78,750, and $57,650 for Years 0 to 3, respectively. The required return is 11.5 percent. Based on the internal rate of return of ______ percent for this project, you should _____ the project.
Multiple Choice
8.67; reject
8.31; reject
8.31; accept
8.67; accept
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