A firm has a project with the following cash flows: Year Cash...

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Accounting

A firm has a project with the following cash flows:

Year Cash Flows ($)

  1. 8,00
  2. -4,000
  3. -3,000
  4. -2,000

  1. Compute the internal rate of return on the project

Suppose the discount rate is 8 percent. Should the project be adopted?

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