Teddy bear planet inc has a project with the following cash, Financial Management

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Teddy bear planet inc has a project with the following cash

Teddy bear Planet, Inc., has a project with the following cash flows. YEAR CASH FLOWS ($) 0 -$11000.00 1 $5500.00 2 $4000.00 3 $3000.00 The company evaluates all projects by applying the IRR rule. If the appropriate interest rate is 8 percent should the company accept the project?

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