65110097 65110097
  • 21-04-2024
  • Business
contestada

A firm evaluates all of its projects by applying the IRR rule.

Year Cash Flow
0 –$ 148,000
1 68,000
2 71,000
3 55,000
What is the project's IRR?
If the required return is 16 percent, should the firm accept the project?

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