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Please provide a full explanation, thanks! 14) A project has the following cash flows: Annual cash flows: Year o Year 1 Year 2 A A

image text in transcribed Please provide a full explanation, thanks!

14) A project has the following cash flows: Annual cash flows: Year o Year 1 Year 2 A A A 59,000 (34,000) (39,000) What is the IRR for the project? If the required return is 12%, should the firm accept the project? (5 pts)

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