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

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Finance

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A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows: Year WN -o Cash Flow -$34,000 15,000 17,000 13,000 If the required return is 14 percent, what is the IRR for this project? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) IRR % Should the firm accept the project

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