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Compute the IRR for the following project and note whether the firm should accept or reject the project if the appropriate cost of capital is

Compute the IRR for the following project and note whether the firm should accept or reject the project if the appropriate cost of capital is 8%. Time

0

1

2

3

4

5

Incremental CF

-$12,000

1,500

2,480

2,520

3,200

4,000

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