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If the required return is 11 percent

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Reference no: EM132147280

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

Year Cash Flow

0 -$ 153,000

1 78,000

2 67,000

3 49,000

What is the project's IRR?

If the required return is 11 percent, should the firm accept the project? Yes or No?

Reference no: EM132147280

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