A firm evaluates all of its projects by applying irr rule


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 -$ 28,100 1 12,100 2 15,100 3 11,100 If the required return is 15 percent, what is the IRR for this project?

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Accounting Basics: A firm evaluates all of its projects by applying irr rule
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