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Given the following cash flow for a project, calculate the IRR. The required rate of return is 8%. Should you accept this project? Year-0 =
Given the following cash flow for a project, calculate the IRR. The required rate of return is 8%. Should you accept this project?
Year-0 = $50,000 (Initial outlay)
Year-1 = $15,000
Year-2 = $15,000
Year-3 = $20,000
Year-4 = $10,000
Year-5 = $5,000
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