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Question 13 5 pts A firm has a project with the following cash flows: Year Cash Flows ($) 0 1 7,000 -4,000 -3,000 - 1,000
Question 13 5 pts A firm has a project with the following cash flows: Year Cash Flows ($) 0 1 7,000 -4,000 -3,000 - 1,000 2 3 What is the internal rate of return on the project? Suppose, the discount rate is 7 percent, should the project be adopted? 8.67%. Yes, the project should be accepted. Cannot be determined based on the information provided. 6.93%. No, the project should be rejected. O 6.93%. Yes, the project should be accepted. O 8.67%. No, the project should be rejected
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