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Suppose a particular investment project will require an initial cash outlay of $946,000 and will generate a cash inflow of $454,000 in each of the

Suppose a particular investment project will require an initial cash outlay of $946,000 and will generate a cash inflow of $454,000 in each of the next three years. What is the projects IRR? Suppose a companys hurdle rate is 18%, should it accept the project?

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