1. Julie Miller is evaluating a new project for her firm, Basket Wonders (BW). 
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3. She has determined that the after-tax cash flows for the project will be $11,000; $13,000; $13,000; $10,000; and $7,000, respectively, for each of the Years 1 through 5.
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5. The initial cash outlay will be $40,000. What is Internal Rate of Return (IRR) ?
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7. Should this project be accepted If hurdle rate is 12% ?

Answer rating: 100% (QA)

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