Question: Compute the IRR for the following project and note whether the firm should accept or reject the project if the appropriate cost of capital is
| Compute the IRR for the following project and note whether the firm should accept or reject the project if the appropriate cost of capital is 8%. Time | 0 | 1 | 2 | 3 | 4 | 5 |
| Incremental CF | -$12,000 | 1,500 | 2,480 | 2,520 | 3,200 | 4,000 |
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