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Please show instructions/steps on finding answers using calculator 13. Problems with IRR Cutler Petroleum, Inc., is trying to evaluate a generation project with the following
Please show instructions/steps on finding answers using calculator
13. Problems with IRR Cutler Petroleum, Inc., is trying to evaluate a generation project with the following cash flows: Year Cash Flow 0 1 -$ 85,000,000 125,000,000 - 15,000,000 2 a. If the company requires a 10 percent return on its investments, should it accept this project? Why? b. Compute the IRR for this project. How many IRRs are there? If you apply the IRR decision rule, should you accept the project or not? What's going on hereStep by Step Solution
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