Question: Pluto Planet, Inc., has a project with the following cash flows. The company evaluates all projects by applying the IRR rule. If the appropriate interest

Pluto Planet, Inc., has a project with the following cash flows.

The company evaluates all projects by applying the IRR rule. If the appropriate interest rate is 9 percent, should the company accept the project?

YEAR CASH FLOWS (S) $10,500 6,300 4,900 2,400

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