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Chapter 8 Assignment i 6 8.33 points Saved Help Save & Exit Sub Marielle Machinery Works forecasts the following cash flows for a project under
Chapter 8 Assignment i 6 8.33 points Saved Help Save & Exit Sub Marielle Machinery Works forecasts the following cash flows for a project under consideration. It uses the internal rate of return rule to accept or reject projects. . C1 C3 C2 +$7,600 +$ 8,600 -$ 10,100 0 a. What is the project's IRR? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. IRR % b. Should this project be accepted if the required return is 13%? Yes O NO Print
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