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Suppose a particular investment project will generate an immediate cash inflow of $1,000,000 followed by cash outflows of $600,000 in each of the next three
Suppose a particular investment project will generate an immediate cash inflow of $1,000,000 followed by cash outflows of $600,000 in each of the next three years. What is the projects IRR? Suppose a companys hurdle rate is 20%, should it accept the project?
Group of answer choices
20%; reject the project
36%; reject the project
36%; accept the project
20%; accept the project
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