Vital Silence, Inc., has a project with the following cash flows: Year ............Cash Flows ($) 0 ........................$24,000

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Vital Silence, Inc., has a project with the following cash flows:

Year ............Cash Flows ($)

0 ........................−$24,000

1 ............................9,700

2 ...........................13,700

3 ............................6,400

The company evaluates all projects by applying the IRR rule. If the appropriate interest rate is 9 percent, should the company accept the project?

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Corporate Finance

ISBN: 978-0077861759

11th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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Question Posted: Jun 22, 2017 09:53 AM

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Vital Silence, Inc., has a project with the following cash flows: Year ............Cash Flows ($) 0 ........................$24,000

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