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Assume Home Depot Inc. is considering a project that pays them $23,795.77 today, and in exchange they will have to make annual payments of $8,000

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Assume Home Depot Inc. is considering a project that pays them $23,795.77 today, and in exchange they will have to make annual payments of $8,000 for 4 consecutive years, starting in year 1. This project has an internal rate of return (IRR) of 13.00%. Suppose the discount rate available in the market is 4.00%, then according to the IRR rule Home Depot Inc. should: be indifferent. gather more information about the project. accept the project O reject the project

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