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Calculation of IRR and decision making
a. What is the internal rate of return on an investment with the following cash flows?
Year
Cash Flow
0
$123,400
1
$36,200
2
$54,800
3
$48,100
b. What is the decision rule you should use to make your decision as to whether or not to invest in this project?
This report is specific for a core understanding for Financial Accounting and its relevant factors.
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