Question: Consider the following scenario (the given information is the same as in the previous question): Suppose we have a project that requires an initial investment

Consider the following scenario (the given information is the same as in the previous question): Suppose we have a project that requires an initial investment of $1,000. It will provide the cash inflows of $500 in year 1,$300 in year 2 , and $100 each year hereafter (starting in year 3 ). The required rate of return is 10% for this project. Suppose that the internal rate of return (IRR) for this project is 41.73%. Based on the IRR rule, should we accept this project? A) Yes B) No
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