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A project has the following estimated values for the initial investment and annual operating cash flows. The firm has a required return (cost of capital)

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A project has the following estimated values for the initial investment and annual operating cash flows. The firm has a required return (cost of capital) of 13%. Calculate the IRR for this project and state whether it should be undertaken or accepted, or not Year 0 1 2 3 4 Cash Flow - $195,800 61.000 66,000 84.000 92,000 Show/Describe what you do to calculate your solution

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