A firm evaluates all of its projects by applying the irr


Question: A firm evaluates all of its projects by applying the IRR rule. Year Cash Flow 0 -$ 159,000 1 57,000 2 82,000 3 66,000

Requirement 1: What is the project's IRR? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) Internal rate of return %

Requirement 2: If the required return is 15 percent, should the firm accept the project?

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