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S09-07 Calculating IRR (LO5] A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows:

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S09-07 Calculating IRR (LO5] A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows: Year 0 1 Cash Flow -$34,000 15,000 17,000 13,000 2. 3 If the required return is 14 percent, what is the IRR for this project? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) IRR % S09-08 Calculating NPV [LO1] A firm evaluates all of its projects by applying the NPV decision rule. A project under consideration has the following cash flows: Year WN -O Cash Flow -$34,000 15,000 17,000 13,000 What is the NPV of the project if the required return is 11 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) NPV At a required return of 11 percent, should the firm accept this project

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