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Teddy Bear Planet Inc. has a project with the following cash flows: The company evaluates all projects by applying the IRR rule. a. Calculate the
Teddy Bear Planet Inc. has a project with the following cash flows: The company evaluates all projects by applying the IRR rule. a. Calculate the IRR. (Do not round Intermedlate calculatlons and round the answer to 2 decimal places.) IRR % b. If the appropriate Interest rate is 9 percent, should the company accept the project? Yes No
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