A project has cash flows of –$118,400, $42,500, $87,300, and $43,200 for Years 0 to 3, respectively. The required rate of return is 11 percent. Based on the internal rate of return of ________ percent for this project, you should ________ the project.

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To find the internal rate of return IRR of the project we need to calculate the discount rate ... View the full answer