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Homework 1 Due on ct 5th beyn Question 3 (of 10) 3. 10.00 points A firm evaluates all of its projects by applying the IRR

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Homework 1 Due on ct 5th beyn Question 3 (of 10) 3. 10.00 points A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows Cash Flow 0 $28,100 12,100 15,100 11,100 -Year If the required return is 15 percent, what is the IRR for this project? (Do not round intermediato calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) IRR Should the firm accept the project? References eBook& Resources Worksheet Learning Objective: 09-05 The internal rion and its strengths esc 20 F6 2 3 4 5 6

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