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JVI corporation is considering investing in a project with the cash flows shown below. Compute the IRR for the project and recommend whether the firm

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JVI corporation is considering investing in a project with the cash flows shown below. Compute the IRR for the project and recommend whether the firm should accept or reject it. The required cost of capital is 10 percent. 0 1 2 2 3 Time Cash Flow -400 110 121 260 10.2%, Accept 11.2%, Accept 9.4%, Reject 6.5%, Reject

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