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Steve uses the following cashflows to calculate an IRR of 5.63%. Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
Steve uses the following cashflows to calculate an IRR of 5.63%.
Year 0 | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 |
$ -50,000 | $ 50,000 | $ 20,000 | $ 30,000 | $ 20,000 | $ 20,000 | $ -100,000 |
If the discount rate was 4% should Steve accept the project?
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