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Project X & Y has the following cashflow, evaluate the projects using the IRR criteria if the required rate is 16.15%. Should we accept or
Project X & Y has the following cashflow, evaluate the projects using the IRR criteria if the required rate is 16.15%. Should we accept or reject the project and why.
| Year | Cash Flow (X) | Cash Flow (Y) |
| 0 | -$20,000 | -$20,000 |
| 1 | 8,850 | 10,100 |
| 2 | 9,100 | 7,800 |
| 3 | 8,800 | 8,700 |
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Affordable Housing Finance
Authors: K. Hawtrey
2009th Edition
0230555187, 978-0230555181
