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For the given cash ows, suppose the rm uses the NPV decision rule and Internal Rate of Return (IRR). At a required return of 11
- For the given cash ows, suppose the rm uses the NPV decision rule and Internal Rate of Return (IRR). At a required return of 11 percent, should the rm accept this project by using NPV or IRR?
Year | Cash Flow |
0 | -34,000 |
1 | 16,000 |
2 | 18,000 |
3 | 15,000 |
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