Project based on internal rate of return

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You are considering an investment for which you require a 5 percent rate of return. The investment costs $16,800 and will produce cash inflows of $4,500 in year 1, $5,000 for year 2 and $5,200 for years 3 and 4 each. Should you accept this project based on its internal rate of return? Why or why not? You can use EXCEL

Reference no: EM132033162

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