Question: Calculating IRR. Pluto Planet, Inc., has a project with the following cash flows. YEAR CASH FLOWS ($) 0 -$9,000.00 1 $53.00 2 $3,600.00 3 $1,900.00

Calculating IRR. Pluto Planet, Inc., has a project with the following cash flows. YEAR CASH FLOWS ($) 0 -$9,000.00 1 $53.00 2 $3,600.00 3 $1,900.00 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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