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Year Cash Flow 0 $ 162,000 1 54,000 2 85,000 3 69,000 Requirement 1: What is the project's IRR? (Do not round intermediate calculations. Enter
Year Cash Flow 0 $ 162,000 1 54,000 2 85,000 3 69,000 Requirement 1: What is the project's IRR? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)
Requirement 2: | |
If the required return is 12 percent, should the firm accept the project? |
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