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A firm evaluates all of its projects by applying the irr

A firm evaluates all of its projects by applying the IRR rule. Year Cash Flow 0 -$31,273 1 24,000 2 13,000 3 8,000 Requirement 1: Determine the IRR for the above project. Remember that the IRR is the discount rate that sets the NPV=0. A- 27.2% B- 25.38% C- 24.6% D- 26.42% E- 25.9%

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

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