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Consider a project with the following cash flows: Year Cash Flow 0 1000 1 -300 2 -325 3 -350 If the required rate of return

Consider a project with the following cash flows:

Year Cash Flow
0 1000
1 -300
2 -325
3 -350

If the required rate of return (aka, the hurdle rate) for this project is 11.5%, the IRR rule states that the project should be accepted.

True

False

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