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Qestion #1 Question #2 Question #3 ...

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Accounting

Qestion #1

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Question #3

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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 Cash Flow 0 28,500 12,500 15,500 11,500 If the required return is 13 percent, what is the IRR for this project? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) IRR. should the firm accept the project? O No O Yes

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