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Kingbird Corporation is considering investing in a new facility. The estimated cost of the facility is $ 1 , 7 1 4 , 0 0
Kingbird Corporation is considering investing in a new facility. The estimated cost of the facility is $ It will be used for years, then sold for $ The facility will generate annual cash inflows of $ and will need new annual cash outflows of $ The company has a required rate of return of
Calculate the internal rate of return on this project, and discuss whether the project should be accepted. Round answer to decimal places, e
Internal rate of return
The project should be
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