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Chapter 9 Q 14. What is the internal rate of return (IRR) for a project that costs $6,330 and is expected to generate $1,800 per

Chapter 9 Q 14. What is the internal rate of return (IRR) for a project that costs $6,330 and is expected to generate $1,800 per year for the next five years? If the firms required rate of return is 8.5 percent, what is the projects modified internal rate of return (MIRR)? Should the firm purchase the project?

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