Projects by applying the irr rule

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A firm evaluates all of its projects by applying the IRR rule. Setup the IRR formula and solve it using either your calculator or a software program such as Excel. If the required return is 15%, should the firm accept the following project?

Year                Cash Flow

0                      -$150,000

1                       $70,000

2                       $60,000

3                       $50,000

Reference no: EM131332592

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