Question: Compute the IRR statistic for Project X and note whether the firm should accept or reject the project with the cash flows shown as follows
Compute the IRR statistic for Project X and note whether the firm should accept or reject the project with the cash flows shown as follows if the appropriate cost of capital is 10 percent. Time: 0 1 2 3 4 5 Cash flow: 75 75 0 100 75 50 Multiple Choice
A)10 percent, reject
B)10 percent, accept
C)13.26 percent, accept
D)13.26 percent, reject
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