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Question 24 (6 points) A project has the following estimated values for the initial investment and annual operating cash flows. The firm has a required

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Question 24 (6 points) A project has the following estimated values for the initial investment and annual operating cash flows. The firm has a required return (cost of capital) of 13%. Calculate the IRR for this project and state whether it should be undertaken or accepted, or not. Cash Flow - $195,800 61,000 65,000 82,000 93.000 Year 0 1 2 3 4

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