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IRR: a) (4 pts) Compute the Internal Rate of Return (IRR) of the prospective project: Estimated cash flows are $34,000 at the end of every
IRR: a) (4 pts) Compute the Internal Rate of Return (IRR) of the prospective project: Estimated cash flows are $34,000 at the end of every year for 10 years. Cost today is $156,000. SHOW ALL WORK on the TI BAII Plus Calculator FOR FULL CREDIT. b) (2 pts) Should the company accept the project if the company's cost of capital is 11.1%, and why or why not? Maximum number of characters (including HTML tags added by text editor): 32,000 Show Rich-Text Editor (and character count)
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