ces A firm evaluates all of its projects by applying the IRR rule. Year Cash Flow 161,000 0 55,000 1 84,000 2 68,000 3 What is the project's IRR? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Internal rate of return % If the required return is 12 percent, should the firm accept the project?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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A firm evaluates all of its projects by applying the IRR rule.
Year
Cash Flow
161,000
0
55,000
1
84,000
2
68,000
3
What is the project's IRR? (Do not round intermediate calculations and enter your
answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Internal rate of return
%
If the required return is 12 percent, should the firm accept the project?
Transcribed Image Text:ces A firm evaluates all of its projects by applying the IRR rule. Year Cash Flow 161,000 0 55,000 1 84,000 2 68,000 3 What is the project's IRR? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Internal rate of return % If the required return is 12 percent, should the firm accept the project?
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