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Financial Management chapters 9 and 10 Firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash

Financial Management chapters 9 and 10

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Firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows: If the required return is 13 percent, what is the IRR for this project? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Should the firm accept the project? No Yes

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