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Suppose a particular investment project will generate an immediate cash outflow of $1,000,000 followed by cash inflows of $400,000 in each of the next three

Suppose a particular investment project will generate an immediate cash outflow of $1,000,000 followed by cash inflows of $400,000 in each of the next three years. What is the projects IRR? Suppose a companys cost of capital is 10%, should it accept the project?

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