Should the firm accept project by the irr rule


A firm evaluates all of its projects by applying the IRR rule. If the required return is 18%, should the firm accept the following project?

YEAR 1 - cash flow (-) $ 30,000
YEAR 2 - cash flow 13,000
YEAR 3 - cash flow 19,000
YEAR 4 - cash flow 12,000

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