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Comedor Corporation proposed a capital project that requires an initial investment of $250,000. The project will experience operating cash inflows of $90,000 per year at

Comedor Corporation proposed a capital project that requires an initial investment of $250,000. The project will experience operating cash inflows of $90,000 per year at the end of each of the next four years, plus an aftertax terminal cash inflow of $40,000 at the end of the fourth year. Comedors discount rate is 13 percent. Based on the project's IRR, should the project be accepted?

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